Corporate dividends are always paid in cash is not true among the given statements.
<u>Explanation:</u>
Corporates dividends are not always paid in cash sometimes they are paid in merchandise or as other assets. Dividends are earnings which corporations distribute to its stockholders and they are charge against the profit which the corporation generated over the specified period.
They are charged on the stock which is owned by all the shareholders/stockholders or other investors. The period which dividends are paid differs from one corporation to another. Some companies pay annually while others opt for quarterly payments or pay after 3 months.
Hi, the answer is C, to pay for an unforeseen health expense. Money in your emergency fund could be wisely used to pay for an unforeseen health expense. :)
Answer:
As long as you remain within the casino's walls, chips fit the definition of currency; that is, they serve as a means of exchange, an account unit, and a value store. Once you leave the casino, chips don't work very well as money but many kinds of money don't work well in other places.
It's hard, for example, to spend money from Turkey or Brazil on your local supermarket or the movie theatre.
Answer:
3.60
Explanation:
Given that,
Sales units = 1,000
Sales price per unit = $60
Variable expenses = 40% of the selling price
Total Fixed cost = $26,000
Contribution margin per unit:
= Selling price - Variable cost
= $60 - ($60 × 40%)
= $60 - $24
= $36
Total contribution:
= Contribution margin per unit × Sales units
= $36 × 1,000
= $36,000
Profit = Total contribution - Fixed cost
= $36,000 - $26,000
= $10,000
Degree of operating leverage:
= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)
= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)
= 36,000 ÷ 10,000
= 3.60
Answer:
Strategic planning
Explanation:
Strategic planning is the process in which business professionals formulate a clear plan to determine the direction of actions that they need to take in order to achieve the company's goals.
Strategic planning typically divided into 4 parts:
- Vision; The end goals that the company want to achieve
- Missions ; Specific list of conditions or checkpoints that the company need to get in order to actualize its vision
- Values; A set of principles that the company use to form their working culture
- Both Long terms and short terms plan that can be executed to sustain its operation.
