The Ex-Dividend Date: Cronulla Brewing Co

question 32

Multiple Choice

The ex-dividend date: Cronulla Brewing Co. has announced it will pay its regular cash dividend of $0.45 per share. If dividends are taxed at 15 per cent, about how much do you expect the price of Cronulla Brewing to drop on the ex-dividend day?

• A) $0.07
• B) $0.38
• C) $0.45
• D) $0.52

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Definitions:

Technical Subsystems

Components within an organization that focus specifically on the technical operations and functionalities required to meet its objectives.

Organizational Objectives

Specific, measurable goals that an organization aims to achieve within a set timeframe to fulfill its mission.

Management Process

A series of steps or activities carried out by managers to plan, organize, lead, and control towards achieving organizational goals.

Organization Chart

A visual diagram that outlines the structure of an organization, including departments, roles, and the hierarchy.