Answer:
A. Assign one class to each row in a transaction.
C. Assign one class to an entire transaction.
Explanation:
You can use class tracking in QuickBooks to categorize sales and expenses according to different locations, classes or even divisions. E.g. if you are a retailer, you can classify your sales by classes like men's, women's and children clothes. Or you can also track your sales by online sales or sales made on a brick and mortar location.
You can also assign one class to an entire transaction in order to determine if it resulted in a gain or a loss.
Answer:
Dividend yield = 8.88 %
Explanation:
Data provided in the problem:
Dividends per quarter = $ 1
thus,
dividend per year = $ 1 × 4 = $ 4 ( because 1 year consists of 4 quarter)
stock price = $ 45
therefore,
dividend yield = ( Dividend per year / stock price ) × 100 %
on substituting the values, we have
Dividend yield = ( $ 4 / $ 45) × 100 %
or
Dividend yield = 8.88 %
The answer to your question is true.
Answer:
$2,400,000
Explanation:
Based on the information given, How much of the $3 million note that is classified as long-term in the December 31 financial statements will be $2,400,000 because we were told that
Parton owes the amount of $3 million which is due on February 28 while the company borrows the amount of $2,400,000 on February 25 (5-year note) which means that the amount that the company borrowed on February 25 on a 5 year note will be classified as long-term in the December 31 financial statements.