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Author Question: If sales double, the break-even model assumes that total variable costs will double. Indicate ... (Read 198 times)

CBme

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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.


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snackralk

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Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


CBme

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Reply #2 on: Jul 10, 2018
Thank you


snackralk

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Reply #3 on: Jul 10, 2018
No problemo


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