24. The board of directors of Meadow Corporation declared a cash dividend on January 18, 20x5, to be paid on February 18, 20x5, to shareholders holding the stock on February 2, 20x5. Given these facts, the date February 2, 20x5, is referred to as the a. date of declaration. b. date of payment. c. ex-dividend date. d.date of record. 25. Referring to #36 above, the date of February 18, 20x5 is called the a. Date of declaration b. Date of payment c. ex-dividend date d. Date of record 26. Referring to #36 above, the date of January 18, 20x5 is called the a. Date of declaration b. Date of Payment c. ex-dividend date d. Date of record 27. Compute the following ratios for Precision Company whose financial statements can be found on Page 629 in your textbook. a. Current Ratio = Current Assets / Current Liabilities b. Accounts Receivable Turnover = Net Sales / Average Accounts Receivable (Net) c. Debt Ratio = Total Liabilities/Total Assets d. Profit Margin Ratio = Net Income / Net Sales 24. The board of directors of Meadow Corporation declared a cash dividend on January 18, 20x5 , to be paid on February 18, 20x5 , to shareholders holding the stock on February 2, 20x5 . Given these facts, the date February 2, 20x5 , is referred to as the a. date of declaration. b. date of payment. c. ex-dividend date. d.date of record. 25. Referring to #36 above, the date of February 18, 20x5 is called the a. Date of declaration b. Date of payment c. ex-dividend date d. Date of record 26. Referring to #36 above, the date of January 18, 20x5 is called the a. Date of declaration b. Date of Payment c. ex-dividend date d. Date of record