Answer:
True
Explanation:
Payment of dividend by a corporation depicts better financial picture and stability in earnings. And like business expenses, even the dividend paid by corporations is deducted to arrive at taxable income.
While an expense merely reflects the costs incurred, dividends reflect viable financial position which attracts investments from investors and establishes public confidence.
Answer:
Total cost= $984.62
Explanation:
Giving the following information:
Fixed cost= $460
Unitary variable cost= $0.34 per mile
Miles driven= 1,534
<u>First, we need to establish the total cost formula:</u>
<u></u>
Total cost= fixed cost + unitary variable cost*number of units
Total cost= 460 + 0.34*x
x= number of miles
<u>Now, the total cost for the month:</u>
Total cost= 460 + 0.34*1,543
Total cost= $984.62
Answer:
C. Responsibility accounting
Explanation:
The correct answer is C.
Responsibility accounting is a concept of accounting that is used as performance measurement. The main idea is that big and varied organizations are difficult, and almost impossible to manage as one segment, therefore they must be cut into parts or separated into parts that can be managed. These parts, are called responsibility centers that include:
1. Cost centers,
2. Revenue centers,
3. profit centers, and
4. investment centers.
This approach gives room for responsibility to be given to the manager in these parts that have the biggest amount of influence over the key elements that are to be managed.
We would expect that the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>
<h3>What is aggregate demand?</h3>
Aggregate demand refers to the total demand for goods and services within an economy.
Because of the Marshall Plan initiated by the United States for rebuilding Europe after the Second World War, aggregate demand increased in both the United States and Europe.
<h3>Answer Options:</h3>
a. Both the US and Europe
b. The US, but not Europe
c. Europe, but not the US
d. Neither the US nor Europe
Thus, the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>
Learn more about aggregate demand at brainly.com/question/1490249
Answer:
Option C: 8.44 times
Explanation:
Quick ratio(also called as acid test ratio) is the indicator of a company's liquidity position at a very short period which only considers the most liquid assets and ignores Inventory & other assets which cannot be realised immediately.
As we know that Quick Ratio = [Current Assets - Inventory - Prepaid Assets] / Current Liabilities
2.00 = $79,000 - Inventory - 0] / $27,650
=> Inventory = $23,700
Inventory turnover ratio gives us the number of times the company sells and replaces its inventory during the period.
Annual Sales = $200,000
Inventory Turnover Ratio = Sales / Average Inventory
=> $200,000 / $23,700 => 8.44 times
