Answer:
True
Explanation:
the process of identifying and defining what actions are required to deliver a project's requirements
Answer:
Explanation:
The journal entries are shown below:
On July 15:
Retained earning A/c Dr $169,000
To Dividend payable $169,000
(Being cash dividend declared is recorded)
On Aug 15:
No journal entry is required on the date of declared
On Aug 31:
Dividend payable A/c $169,000
To Cash A/c $169,000
(Being dividend is paid is recorded)
Answer:
$300,000
Explanation:
Given that,
Contribution margin ratio = 40%
Company desires to earn a profit = $40,000
Fixed costs = $80,000
Required sales revenue:
= (Fixed cost + Desired profit) ÷ Contribution margin ratio
= ($80,000 + $40,000) ÷ 0.40
= $120,000 ÷ 0.40
= $300,000
Therefore, the sales revenue of $300,000 would have to be generated in order to earn the desired profit.
A. True, Yield to Maturity or called YTM is a measure of your annualized return if a bond, or all the bonds in a fund, are held to maturity.
