Answer:
D hope that helps you out
I'm going with false. Let me know.
Answer:
Dollar return
= Closing price - Opening price + Divided
= $77.24 - $73.02 + $0.34
= $4.56
Percent return
= <u>Dollar return</u> x 100
Opening price
= <u>$4.56</u> x 100
$73.02
= 6.24%
Explanation:
The dollar return is calculated as closing price minus opening price plus dividend. The percent return is the ratio of dollar return to opening price multiplied by 100.
Answer:
These answer choices are correct:
a) Different companies use different charts of accounts based on individual company need.
The chart of accounts is the list of all the accounts that a company uses over a period of time. Because each company has a different economic and operating activity, each company's chart of accounts is unique.
b) The chart of accounts contains the balance of all of the accounts in a ledger
c) The chart of accounts should be ordered in a logical sequence based on type of account
The chart of accounts includes all the acounts of the ledger, and it also is organized following a logical sequence. Assets, Liabilities, Stockholders' Equity, and their corresponding subdivisions, is usually the order of organization.
