Author Question: The forecasted retained earnings balance is equal to (current retained earnings/current sales) times ... (Read 136 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
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

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library