which one is correct answer please confirm? QUESTION 20 The record date in the normal dividend payment procedure is ____.   a. the same day as the ex-dividend date   b. the same day as the declaration date   c. one day prior to the payment date   d. the date when the firm makes a list from its stock transfer books of shareholders eligible to receive the dividend

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 4RE: Use the same facts as in RE 16-3, but instead assume that Pickens declares and issues a 50% stock...
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which one is correct answer please confirm?

QUESTION 20

  1. The record date in the normal dividend payment procedure is ____.
      a.
    the same day as the ex-dividend date
      b.
    the same day as the declaration date
      c.
    one day prior to the payment date
      d.
    the date when the firm makes a list from its stock transfer books of shareholders eligible to receive the dividend
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