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BMI Ltd. had arranged with the bank for a 6 month line of credit of...

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Accounting

BMI Ltd. had arranged with the bank for a 6 month line of credit of $200,000 at prime plus 2%. Prime rate is 4%. The bank charges commitment fee of 0.5% annually on any unused balance. BMI Ltd. ended up using only $160,000 for 4 months. Answer the following:

What is the date order of a dividend? Select one: a. declaration date, holder-of-record date, ex-dividend date, payment date. b. declaration date, ex-dividend date, holder-of-record date, payment date. c. declaration date, holder-of-record date, payment date, ex-dividend date . d. holder-of-record date, declaration date, ex-dividend date, payment date.

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