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Lynna [10]
3 years ago
7

A customer owns an ABC Call option. ABC declares a dividend for shareholders on record July 5th. The last day to exercise the op

tion and get the dividend is: A June 30th B July 1st C July 2nd D July 3rd
Business
1 answer:
svp [43]3 years ago
7 0

Based on the information given, the last day to exercise the option and get the dividend is D. July 3rd.

A dividend simply means the distribution of profits by a  corporation to the shareholders. It's simply the profit shared with them.

Since the customer owns an ABC Call option and ABC declares a dividend for shareholders on record July 5th, then the last day to exercise the option and get the dividend is July 3rd.

Learn more about dividend on:

brainly.com/question/6867866

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Answer:

The percentage changes in the price of the bonds are as follows:

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Explanation:

Find detailed calculation in the attached.

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7 0
4 years ago
Adjusting Entries for Accrued SalariesGarcia Realty Co. pays weekly salaries of $26,500 on Friday for a five-day workweek ending
Tems11 [23]

Answer:

a.

                                                     Debit                    Credit

Salary expense                            $5,300                

($26,500/5)

Salary payable                                                        $5,300

b.                                                       Debit                    Credit

Salary expense                            $21,200                

($26,500/5*4)

Salary payable                                                        $21,200

Explanation:

a. The journal entry that should be made in the books of the Garcia Realty Co. if the accounting period ends on the monday is given below:

                                                     Debit                    Credit

Salary expense                            $5,300                

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Salary payable                                                        $5,300

b. The journal entry that should be made in the books of the Garcia Realty Co. if the accounting period ends on the thursday is given below:

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Salary expense                            $21,200                

($26,500/5*4)

Salary payable                                                        $21,200

5 0
4 years ago
In order for an importer to be found compliant under the concept of informed compliance, it must demonstrate that it has exercis
Rudiy27

Answer:

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