Business, 23.12.2019 20:31 kristofwr3444

The board of directors of bosco company declared a cash dividend on november 15, 2017, to be paid on december 15, 2017, to stockholders owning the stock on november 30, 2017. given these facts, the date of november 30, 2017, is referred to as the?

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Answer from: Spiderblack212

Record date

Explanation:

Record Date is the date set by the company on which the Investors should hold the shares to be eligible to receive dividend, share split, bonus, rights issue or other gains. It is the date decided by the company to decide which investors are eligible to receive dividends, bonus or rights issue.

Therefore, The November 30 2017 is referred to as the record date.

Answer from: Quest

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

Answer from: Quest

The correct answer would be d if you are on edgenuity.

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