Answer:
Interest expense account
Explanation:
In accounting, interests paid on loan, promissory or any other forms of loan written off to the income statement as an expense in the period in which they are incurred.
Therefore, the interest expense account will be will be debited when Parma records the entry relating to each of the four interest payments. The other leg of the account is to credit the profit and loss account to complete the record.
Answer:
One
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If Japan decides to produce computers, it forgoes the opportunity of producing phones
Opportunity cost of one computer = 25/75 = 1 /3
Opportunity cost of producing 3 computers 3 ×(1/3)= 1 phone
I hope my answer helps you
Answer:
$2.50
Explanation:
Given that,
Dividend Paying out under a policy = 45% of its income
Net income = $1,250,000
Number of shares outstanding = 225,000
Total dividends:
= 45% of its income
= $ 1,250,000 × 45%
= $562,500
Dividend per share:
= Total dividends ÷ Number of shares outstanding
= $562,500 ÷ 225,000
= $2.50
A. strategic
These decisions are made high in the hierarchy.
<span>The statement that formal planning means specific goals are formulated and never reduced to writing but simply communicated is false.
</span><span>In opposite formal planning is type of strategic planning that includes writing of the organization's goals and objectives. The given definition refers to the informal planning. </span>
