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PLEASE READ THE BOTTOM EXPLENATION OF QUESTION BEFORE ANSWERING The Options ALL

ID: 2653930 • Letter: P

Question

PLEASE READ THE BOTTOM EXPLENATION OF QUESTION BEFORE ANSWERING

The Options ALL four of the first four boxes are as follows:

A: Holder of Record Date

B: Payment Date

C: Ex-Dividend Date

D: Decleration Date

The options IN ORDER for the bottom three boxes are as follows:

Box 1:

A: Decleration

B: Ex-Dividend

C: Payment

D: Holder-of-Record

Box 2:

A: Long-term Liability

B: Current Liability

C: Current Asset

D: Fixed Asset

Box 3:

A: Decreased

B: Increased.

6. Dividend payment procedure A Aa When a company pays a dividend, it isn't as simple as getting a paycheck from your employer. There are several critical dates in the dividend payment process. Identify each of the critical dividend dates in the table below. Description If the company lists the stockholder as an owner on this date, then the stockholder receives the dividend. The firm actually sends the dividend checks on this date. The date on which a firm's directors issue a statement announcing a dividend. The date on which the right to the current dividend no longer accompanies a stock. Date On the retained earnings are -date, the dividend to be paid is recorded as a long-term liability, long-term liability current liability, current asset, fixed asset, and by the same amount.

Explanation / Answer

Holder of Record Date - If the company lsits the stockholders as owner on this date, then the stockholders recieve the dividend

Payment Date - The firm actually send the dividend check on this date

Decleration Date - The date on which firm 's directors issue a statement announcing a dividend

Ex-Dividend Date - The date on which the right to the current dividend no longer accompanies a stock

On the Declaration , date the dividend to be paid is recorded as a Current Liability and retained earnings are Decreased by the same amount.

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