This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If sales double, the break-even model assumes that total variable costs will double. Indicate ... (Read 213 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


CBme

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jul 10, 2018
Thank you


snackralk

  • Sr. Member
  • ****
  • Posts: 363
Reply #3 on: Jul 10, 2018
No problemo


« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

This Russian godfather is leaving a Moscow court just after he was acquitted of a double murder. Do ... This Russian godfather is leaving a Moscow court just after he was acquitted of a double murder. Do ...
Model of Imperial Rome IN C. 324 CE Model of Imperial Rome IN C. 324 CE
IPCC model projections depend on greenhouse gas emissions IPCC model projections depend on greenhouse gas emissions
Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total
Model of GAL1 and GAL10 transcriptional activation Model of GAL1 and GAL10 transcriptional activation
A Model of Natural Selection Favoring the Heterozygous Genotype A Model of Natural Selection Favoring the Heterozygous Genotype
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library