Author Question: If sales double, the break-even model assumes that total variable costs will double. Indicate ... (Read 215 times)

CBme · **on:** Jul 10, 2018

If sales double, the break-even model assumes that total variable costs will double.

Indicate whether the statement is true or false

Question 2

QRW, Inc has a retained earnings balance of 2,000,000. The company reported net income of
600,000, sales of 4,000,000, and has 200,000 shares of common stock outstanding. The company
announced a dividend of 2.00 per share.

Therefore the company's dividend payout ratio is
A) 10. B) 20. C) 66.7. D) 50.

snackralk · **Reply #1 on:** Jul 10, 2018

Answer to Question 1

TRUE

Answer to Question 2

C

CBme · **Reply #2 on:** Jul 10, 2018

Thank you

snackralk · **Reply #3 on:** Jul 10, 2018

No problemo

Author Question: If sales double, the break-even model assumes that total variable costs will double. Indicate ... (Read 215 times)

CBme

If sales double, the break-even model assumes that total variable costs will double. Indicate ...

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snackralk

If sales double, the break-even model assumes that total variable costs will double. Indicate ...

CBme

If sales double, the break-even model assumes that total variable costs will double. Indicate ...

snackralk

If sales double, the break-even model assumes that total variable costs will double. Indicate ...