Answer: False
Explanation:
Activity based costing us when the activities of an organisation is classified. After the classification, the costs that are related to those activities will then be traced to the activities.
It should be noted that an activity-based costing system utilizes more cause-and-effect relationships when tracing costs than a traditional cost allocation system.
Therefore, the statement that's givenn in the question is false.
Answer:
The market interest rate related to a bond is also called the
c.effective interest rate.
Explanation:
Another name for the market interest rate is the current interest rate, the yield-to-maturity, or the effective interest rate. One distinguishing factor is that the market interest rate is always changing whereas the stated interest rate does not change. The stated interest rate is the interest rate actually designated on the face of a bond, which determines the amount of interest that the bondholder receives. This means that the market interest rate is just the rate that investors demand to earn for lending their money to the company.
Answer:
Hawkin`s
Income Statement for the year
Sales 17,500
Less Expenses :
Rent Expense 3,000
Wages Expense 8,000
Utilities Expense 2,200 (13,200)
Net Income 4,300
Explanation:
Income Statement include only income and expense items. Net Income = Sales - Expenses.
Answer:
In business, the finance function involves the acquiring and utilization of funds necessary for efficient operations. Finance is the lifeblood of business without it things wouldn't run smoothly. It is the source to run any organization, it provides the money, it acquires the money. (got the answer from google hehe)
Explanation:
Answer:
Explanation:
Dividend yield formula = Dividend / Price
Dividend = $2.80
Price = $49.20
Dividend yield = 2.80/49.20 = 0.0569
Dividend yield = 5.69%
Capital gains yield (CGY) = Next year's price-Current price / current price
Next year's price(P1) = 49.20*(1+0.0725)
P1 = $52.77
CGY = (52.77-49.20) / 49.20
CGY = 3.57/49.20
CGY = 0.0726
Therefore, capital gains yield = 7.26%