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Pavel [41]
3 years ago
6

On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on

the record as of friday june 6. what is the latest date that you could purchase the stock and receive the quarterly dividend
Business
1 answer:
Serga [27]3 years ago
4 0
It would be on June 3rd. This is the day before the ex-dividend date. The ex-dividend date for stocks is typically set one working day before the record date. If you acquire a stock on its ex-dividend date or after, you will not obtain the next dividend imbursement. As an alternative, the vendor gets the dividend. If you buy earlier than the ex-dividend date, you can get the dividend.
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Answer: Is useful to managers in planning and decision making.

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The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.

This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.

4 0
3 years ago
Bayou Financial Corporation holds a security interest in property owned by Cajun Farms. Perfection of this security interest may
gayaneshka [121]

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a

Explanation:

8 0
2 years ago
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larisa86 [58]
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3 years ago
Credit terms are terms for a.when payments for merchandise are to be made with cash. b.when the payments for merchandise are to
tatiyna

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8 0
2 years ago
A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s
posledela

Answer:

exporting

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