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Questions 1:
Which of the following dates in the dividend chronology can fall on a weekend? The
A. payment date.
B. ex-date.
C. record date.
Questions 2:
The following information is available for a firm:
The firm's breakeven quantity of sales (in million units) is closest to:
A. 1.0.
B. 2.5.
C. 4.0.
The payment date can occur on a weekend or holiday unlike other pertinent dates, such as the exdate and record date which occur only on business days.
Breakeven quantity of sales,
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