Bristol's Bistro, Inc., has declared a dividend of $1.13 per share for shareholders of record...
90.2K
Verified Solution
Question
Accounting
Bristol's Bistro, Inc., has declared a dividend of $1.13 per share for shareholders of record on Tuesday, December 3. The firm has 290,000 shares outstanding and will pay the dividend on December 28. How much cash will be needed to pay the dividend? When will the stock begin selling ex dividend? The amount of cash needed to pay the dividend is $ (Round to the nearest dollar.) When will the stock begin selling ex dividend? (Select the best answer below.) A. Friday, November 29 B. Sunday, December 1 C. Monday, December 2 O D. Tuesday, December 3 W it
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.