Declaration date Declaration date drop zone empty. Date of record Date of record drop zone empty. Payment date Payment date drop zone empty. The board of directors officially approves a dividend Dividends payable is decreased Stock records are finalized to determine which stockholders are to receive payment

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?