1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alekssandra [29.7K]
2 years ago
6

Chelsie Enterprises declared a dividend to shareholders of record on Monday, February 8, that is payable on Friday, February 26.

Carla knows that her dividend check normally arrives three business days after the check is written. On which one of the following days should she expect to receive her dividend check?
A. Wednesday, February 10

B. Thursday, February 11

C. Monday, March 1

D. Tuesday, March 2

E. Wednesday, March 3
Business
2 answers:
olga55 [171]2 years ago
8 0

Answer:

E

Explanation:

Dividends check are mailed on payment date which is February 26 in this scenario.

It normally take the check three business day after the check is written to arrive to the beneficiary.

Please note that the check was issued on a Friday , which means that 27th and 28th February are non- working days. Therefore , the check will arrive on March 3 which is Wednesday.

Vikki [24]2 years ago
6 0

Answer:

D. Tuesday, March 2

Explanation:

Well the dividend was declared on February 8 but that doesn't matter here.

What matters here is the payable date i.e Friday, February 26.

Now, 3 business days mean no Saturday and Sunday involved in it.

Hence, third business working day will be on Tuesday, March 2.

Hope this helps.

Thank You.

You might be interested in
A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car
Mashutka [201]
I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.
6 0
2 years ago
Why should employees be wary of participating in the grapevine in a business
Kaylis [27]

Although the grapevine supplements what formal communication does not provide sometimes, and creates a sense of unity among employees, they should be wary due it carries partial information and it's more based on rumors; so it's not always trustworthy, especially when it comes to business, because important decisions depend on reliable sources to ensure favorable outcomes.

8 0
2 years ago
Research an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly a
a_sh-v [17]
 I don't think there's anything more annoying than the ISP monopolies, specifically Comcast which has most of the US I believe. They never bother to upgrade their services only their prices and stupid cable bundle packages. I'm lucky enough to live in a large metropolitan area where a new fiber internet company just started up but before this last year there were only two ISP choices; Comcast or Century link. Suburban and rural areas typically only get one choice; expensive slow internet service from a local ISP monopoly.

8 0
2 years ago
Read 2 more answers
There are 5 steps involved when defining a project; which of the following is the second?
const2013 [10]

Answer:

Establish project priorities

Explanation:

Option (c) Establish project priorities

The Establish project priorities helps in the smooth running of the project.

It deals with assigning the tasks involved in the project priorities. The priorities are assigned on the basis of the importance, resources required by the particular task, its effect on overall completion time of the project etc.

8 0
2 years ago
DonutVille caters to its retirement population by selling over 10,000 donuts each week. To produce that many donuts weekly, Donu
nata0808 [166]

Answer:Flour should be acquired through a contract.

Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.

When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.

8 0
3 years ago
Other questions:
  • Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her company's mar
    14·1 answer
  • Use the following information to answer this question. Bayside, Inc. 2010 Income Statement ($ in thousands) Net sales $ 6,090 Le
    7·1 answer
  • If former President Barack Obama were to come on TV and say, Take cover for the next 4 months cause of the Virus. All jobs and o
    13·1 answer
  • Paying attention to trends that might impact your future career is called
    15·2 answers
  • Suppose that the demand rate is 500 units per week. The fixed ordering cost is $60 per order. The unit inventory cost is 20% of
    8·1 answer
  • You run a small auto service shop. Your fixed expenses per week are $1,000 and your average customer invoice is $500 with an ass
    8·1 answer
  • Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $
    6·2 answers
  • A customer has opened a margin account and has signed both the hypothecation agreement and the loan consent agreement. The broke
    8·1 answer
  • Lonergan Company occasionally uses its accounts receivable to obtain immediate cash. At the end of June 2021, the company had ac
    12·1 answer
  • .
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!