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erik [133]
3 years ago
13

Effect in the accounting equation when cash dividends are declared

Business
1 answer:
charle [14.2K]3 years ago
3 0
Yes i do believe that is true my friend

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Exercise 8-8 Budgeted Income Statement [LO8-9] Gig Harbor Boating is the wholesale distributor of a small recreational catamaran
maks197457 [2]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Budgeted unit sales 700 Selling price per unit $ 2,070 Cost per unit $ 1,605 Variable selling and administrative expense (per unit) $ 60 Fixed selling and administrative expense (per year) $ 200,000 Interest expense for the year $ 23,000

Sales= 1,449,000 (+)

COGS= 1,123,500

Gross profit= 325,500

Selling and administrative= (60*700)+200,000= 242,000

Interest expense= 23,000

Net operating profit= 60,500

5 0
3 years ago
A main reason to improve product quality is that doing so can achieve which of the following?
USPshnik [31]

Answer:

B.

Explanation:

It can achieve more product life because it has better quality.

3 0
3 years ago
. At the beginning of 2009, a government had a total debt of $540 billion dollars. It ended 2009 with a $6 billion dollar budget
umka21 [38]

Answer:

$526 billion

Explanation:

If at the beginning of 2009, a government had a total debt of $540 billion dollars, and it ended 2009 with a $6 billion dollar budget surplus; then in 2010, its budget surplus reached $8 billion dollars. Then the level of total debt would be decreased because:

When a country runs a budget surplus it has a positive effect of reducing the government total debt level of the country.

Hence, the level of government debt will drop from $540 billion from the beginning of 2009 to $526 billion ($540 - $6 - $8) in 2010

8 0
3 years ago
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How did you feel while you were discussing your inventories with your family members
Law Incorporation [45]
Felt pretty alright yo 
5 0
3 years ago
Providing managers with increased visibility of the entire logistics process so that they can improve the efficiency of the enti
Paul [167]

The primary function of <u>supply chain management</u> system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.

<h3>What is the supply chain management?</h3>

In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.

In conclusion, the primary function of any <u>supply chain management</u> system is to provide the managers with increased visibility of the logistics process.

Read more about supply chain

<em>brainly.com/question/14101567</em>

4 0
2 years ago
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