Question
1. What is the specific date for each of the following events related to this JPMorgan Chase dividend? -Date of declaration -Date of record -Date
1. What is the specific date for each of the following events related to this JPMorgan Chase dividend?
-Date of declaration
-Date of record
-Date of payment
2. On what date does this dividend become an actual liability for JPMorgan Chase?
3. Assume that there are 9 billion shares authorized, 4 billion shares issued, and 3.5 billion shares outstanding on the date of record for this dividend. What is the total dollar amount of this dividend?
4. How will this dividend impact JPMorgan Chase's balance sheet (assets, liabilities, and stockholders' equity) on the date of declaration?
5. How will this dividend impact JPMorgan Chase's balance sheet (assets, liabilities, and stockholders' equity) on the date of payment?
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