Answer:
The correct answer is False.
Explanation:
This statement is false, since the residual theory of dividends argues that these are irrelevant, that is, that the value of the company is not affected by its dividend policy. The main drivers of this theory are Modigliani and Miller. Both authors affirm that the value of the company is determined solely by the profitability and the degree of risk of its assets (investments), and that the way in which the organization divides its income between dividends and reinvestment does not have a direct effect on its value .
However, some studies show that significant changes in dividends affect the price of shares in the same direction, that is, increases in dividends translate into increases in stock prices, and vice versa. In response, M and M propose that the positive effects of dividend increases be attributed, not to the dividend itself, but to the informational content of dividends with respect to future income. Thus, any increase in dividends would cause investors to raise the price of the shares, while a decrease would cause a corresponding decrease in the price of the shares.
Answer:
Profit (loss) 4611
Explanation:
Variable manufacturing cost per unit = Total variable manufacturing cost / Total number of units = 99750 / 15000 = 6.65.
Calculation of special order :
Sales (5300 * 7.80) = 41.340
(-) Variable manufacturing costs ( 5.300 * 6.65 ) = 35.245
(-) Export fees ( 5300 * 0.28) = 1.484
Profit (loss) 4.611
Explanation:
Honesty in the workplace:
- Honesty can give good reputation
- Will stay focused on the work and the environment
- Will keep commitments and thus increase productivity
- It will increase the sense of responsibility to achieve success at higher rates
- Increases mutual respect and thus gives good collaboration
Positive work environment:
- Employee feel safe
- Ability to achieve one's best
- Gains greater energy to contribute
- Provides an happy environment
- Yields positive result from both individual and team work
These these factors will help Mr. Jones to understand that fraud will be prevented and detected.
Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
