Answer:
A. Those responsible for complying with budgets must participate in budget preparation.
Explanation:
An important rule of budgeting is those responsible for complying with budgets must participate in budget preparation.
Answer:
By 110,000 the retained earnings reduced by the property dividend.
Explanation:
Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.
For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.
So, the calculation is computed below:
As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e. 50,000 shares ÷ 10 shares = 5,000 for 1 share.
Now, multiply by market value which comes = 5,000 × $22 = $110,000.
So, by 110,000 the retained earnings reduced by the property dividend.
e)average fixed cost must be constant
Its called Commensalism – symbiotic
Answer:
the current yield is 7.49%
Explanation:
The computation of the current yield on the bond is shown below:
The current yield is
= Annual coupon payments ÷ Bond price
= ($1,000 ×6.5) ÷ $867.25
= $65 ÷ $867.25
Hence, the current yield is 7.49%