Answer:
Omar's plan of retaining earnings can work depending on the liquidity preference of the shareholders.
If the shareholders have interest in short-term liquidity benefit (i.e. dividend), then his plans might be frustrated and vice versa.
Answer:
$375 and $165
Explanation:
Calculation to determine What amount of operating and nonoperating income will Dalgiesh present in its year 8 income statement
Operating income= $1,500 - $800 - $200 - $125
Operating income= $ $375
Non Operating income=$125 + $40
Non Operating income= $165
Therefore The amount of operating and nonoperating income will Dalgiesh present in its year 8 income statement will be $375 and $165
Options:
0.98
1.03
9.28
9.06
Answer:
<u>Correct answer is A 0.98</u>
Explanation:
Total asset turnover = Sales / Average total assets.
Sales = $ 1390000 (Given in the question)
Average total assets = (1446000 + 1404000) / 2
= $ 1425000.
Accordingly, Total asset turnover of company for the Year 2
= 1390000 / 1425000
= 0.98 (Option A)
Answer:
The right choice is "3 Correctly ignored a sunk cost"
Explanation:
As the ticket to the opera was already bought and it is nonrefundable, nonexchangeable, and nontransferable; whether Van decides to go to the opera or to go to the party with Amy; he has incurred $100 cost of ticket which can not be recovered in any manner.
The ticket cost in this question is categorized as sunk cost - cost that incurred in the past and will be remained the same regardless of any future actions. Thus, this type of cost should be ignored when making decision for the future.
So, "3 Correctly ignored a sunk cost" is the correct choice.
Answer: The correct answer is "c. identifies the stage of completion for each task.".
Explanation: A tracking Gantt chart <u>identifies the stage of completion for each task.</u>
The Gantt chart is a graphic tool whose objective is to expose the expected dedication time for different tasks or activities over a given total time and thus identify the stage of completion of each task.