The board of directors of Harrington Inc. declared cash dividends of $4 per share on common stock

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The board of directors of Harrington Inc. declared cash dividends of $4 per share on common stock on June 1. The dividends are payable on July 15 to stockholders of record on June 30. Identify the stockholder who will receive the cash dividend.

a) Rukshad purchased common shares on July 14.

b) Marta purchased common shares on June 30.

c) Chao sold all of his common shares on June 2.

d) Mike sold all of his common shares on July 1.

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Accounting What the Numbers Mean

ISBN: 978-1260565492

12th edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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Posted Date: Nov 28, 2023 04:55 AM

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The board of directors of Harrington Inc. declared cash dividends of $4 per share on common stock

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Accounting What the Numbers Mean

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