Author Question: The forecasted retained earnings balance is equal to (current retained earnings/current sales) times ... (Read 137 times)

D2AR0N

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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


zacnyjessica

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Answer to Question 1

FALSE

Answer to Question 2

TRUE



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