OB is false. Hope that answers your question
Answer:
Month incurred Amount June July August
June 75,000 37500 18,750 18,750
July 95,000 47,500 23,750
August 95,000 47,500
37,500 66,250 90,000
The expected cash receipts are:
June = $37,500
July = $66,250
August = $90,000
Explanation:
The pattern of collection of sales is that 50% are collected in the months of sales while 25% each will be collected in the following month and following 2 months. For instance, 50% of June sales are collected in June, 25% are realized in July and 25% are collected in August. 50% of July sales are realized in July and 25% are collected in August.
Answer:
the dividend revenue account is credited
Explanation:
As we know that the dividend is the company profit that is divisible and the same is to be issued to the shareholder with respective to the number of shares purchased
In the case when Yale Co. paid the dividend so here the dividend revenue account is credited in the case when the company received the dividend
Hence, the dividend revenue account is credited
It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.
Answer:
(n^2 + n)/2 ways
Explanation:
Each time you can climb 1 or 2 steps to the top (n steps)
Number of ways climbing 1 step to the top = n combination 1 = n!/(n-1)1! = n(n-1)!/(n-1)! = n
Number of ways climbing 2 steps to the top = n combination 2 = n!/(n-2)!2! = n(n-1)(n-2)!/2(n-2)! = (n^2 - n)/2
Total number of ways = n + (n^2 - n)/2 = (2n + n^2 - n)/2 = (n^2 + n)/2 ways
