Answer:
Forecasted Dividend Pay-out Ratio = 47.37%
Explanation:
Capital Budget = $625,000
Net Income = $475,000
Equity Ratio = 40%
Dividend to be paid = Net Income – Equity Ratio*Capital budget
Dividend to be paid =475000 – 40%*675000 = $225,000
therefore, we have that the fortecast dividend pay-out ratio will be given by:
Forecasted Dividend Pay-out Ratio = Dividend to be paid/Net Income
Forecasted Dividend Pay-out Ratio = 225000/475000
Forecasted Dividend Pay-out Ratio = 47.368% or 47.37%
Answer: $32000
Explanation:
The required reserves will be calculated as:
= Checkable deposit × Legal reserve ratio
= $80000 × 20%
= $16000
Excess reserves = $16000
Actual reserves will now be:
= Required reserves + Excess reserves
= $16,000 + $16,000
= $32,000
Answer:
Answer for the question:
"Part 1 Create a performance appraisal template that you feel meets the needs of your current or previous position and organization. The appraisal should include a rating scale and five competencies you would recommend the organization to evaluate staff on. At minimum, include a rating scale guideline (i.e., description of what each rating is composed of). Attach your performance appraisal template to the initial post. Part 2 In the body of your post, explain why you selected the five competencies and how your selections contribute to effective employee performance management, training, and development programs."
is explained in the the given attachment.
Explanation:
Answer:
Improved decision making
Explanation:
The information system in which the firm has invested money will allow it to improve its decision making process because now the information needed to take those decisions will be classified, systematized, sorted by relevance, and so on.
Managers will be able to draw statistical conclusions that will allow them to reduce the "noise", and focus on what is important for the business.
Answer:
B.
Refunds Payable 1,000
Accounts Receivable 1,000
Explanation:
Refunds payable is an account on the income statement that is called as a contra revenue account, that is, it movement is in contrary to the direction as revenue. Account is used by businesses when customers return merchandise or goods due to a defective product or any other reason.
Account receivable. This is an account on the balance sheet. The account shows the number of sales the business has been doing base on credit, as opposed to cash sales.
