« previous next »

Author Question: The forecasted retained earnings balance is equal to (current retained earnings/current sales) times ... (Read 98 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
on: Jul 10, 2018
The forecasted retained earnings balance is equal to (current retained earnings/current sales) times
  projected sales for next year.
 
  Indicate whether the statement is true or false

Question 2

In order to reduce discretionary financing needed, a profitable company could decrease its
  dividend payout ratio.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Sodium Balance Sodium Balance
This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Sodium’s chief role is regulation of fluid balance Sodium’s chief role is regulation of fluid balance
Acid–Base Balance Acid–Base Balance
Video: Parkinson's Disease

For a complete list of videos, visit our video library