Answer:
TRUE
Explanation:
Customer satisfaction surveys are instruments used by companies to measure the level of satisfaction the customers or consumers get from using their products. It is important because it gives the company information about the positive and negative perceptions about their products and services of which they could improve on. So if the information provided in the survey cannot provide actionable result, the whole survey becomes useless because the information provided cannot be acted upon.
The two forms of financial aid that is required for a student to bear the cost of college education are the following; direct loans and work study programs. It is because direct loans can help a student to provide money that they could lend and be paid off based on the time period it provides while work study program assist students in means of providing money for the student in which in return, they should work for them with no money to be paid for them.
Answer:
E) Assuring that the company is profitable
Explanation:
Accounting processes are not meant to ensure that a company is profitable or not, they are meant to report the actual state of a company, not the desired one. If the company is profitable, then accounting should report that, if the company is losing money, then accounting should report that instead.
Accounting information system (AIS) documentation refers to the process by which accounting and financial data flows are traced.
Sora is the best group note taker; she meets are the criteria.
Answer:
RE break point = $24500
Explanation:
21,000 net income
30% OF Earnings as dividends
21,000 x 30% = 6,300 dividends
Retained Earnings (assuming no previous beginning value)
21,000 - 6,300 = 14,700
RE break point = 14,700/0.6 = 24500
What does the $24,500 mean?
This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)
If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change
