The Ex-Dividend Date Is

question 37

Multiple Choice

The ex-dividend date is

• A) the day dividends are paid.
• B) the day the stock price rises equal to the dividend.
• C) four days before the date of record.
• D) the last day to purchase shares to receive the dividend.

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Definitions:

Operating Loss

A situation where a business's total expenses exceed its revenues, not accounting for interest or taxes.

Year 2

Refers to the second year of a company's operation, a project, or a specific timeframe being analyzed.

Variable Costing

An accounting method that only includes variable costs—costs that change with production volume—in the calculation of product cost.

Net Operating Income

The profit a company makes after deducting operating expenses but before interest and taxes.