The Exact Number of Days Between January 25, 2012 and March

question 22

Multiple Choice

The exact number of days between January 25, 2012 and March 25, 2012 is?

• A) 59 days
• B) 60 days
• C) 61 days
• D) 62 days
• E) 63 days

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Definitions:

Cash Dividend

A financial distribution from a firm's profits to its investors, typically provided as cash.

Stockholders’ Equity

The ownership claim of shareholders on total assets. It is to a corporation what owner’s equity is to a proprietorship.

Cumulative Preferred Stock

A type of preferred stock that entitles shareholders to receive dividend arrearages in full before any dividends can be issued on other shares.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.