Question: Which statement best represents the relationship between date of declaration, date of record and ex-dividend date, and date of payment, for a cash dividend. The
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Which statement best represents the relationship between date of declaration, date of record and ex-dividend date, and date of payment, for a cash dividend.
The ex-dividend date establishes the decrease to cash.
The date of payment results in the biggest decrease in the current ratio.
The date of declaration establishes the increase to liabilities.
The date of record establishes the amount to be received.
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