Competitive advantages normally are the result of superiority in one of three areas: feasibility, consistency, or consonance

On December 1, Garden of Eat'n, Inc., declared a $0.25 per share dividend to its common shareholders to be paid to those on record at the close of business December 31. The dividend is to be paid on January 7 of the following year. On which date should Dividends Payable be credited?

a. January 7 b. December 31 c. December 1

Competitive advantage involves a company making products and services different enough that customers will pay more for them.

a. true b. false