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NEW QUESTION: 1
As part of its closing process, XYZ Corporation reviews receipt accruals. Occasionally, Payables matches incorrectly, and therefore they find that some perpetual accruals never clear, leaving reconciliation items on their accrual reports. Which two actions can they perform to solve the problem? (Choose two.)
A. Run the Matching Hold Detail Report to identify the receipt that has not cleared and use the Write-Off window to remove the item from reappearing on subsequent reports. Create a manual journal entry in General Ledger to clear the accrual.
B. Reverse the invoice distributions and rematch if possible.
C. Run the Accrual Rebuild Reconciliation Report to identify the receipt accrual that has not cleared and use the Write-Off window to remove the item from reappearing on subsequent reports. Create a manual journal entry in General Ledger to clear the accrual.
D. Run theUninvoiced Receipts Report to identify the receipt accrual that has not cleared and create a manual journal entry in General Ledger to clear the receipt from the report.
Answer: B,C

NEW QUESTION: 2
A financial analyst with Mally, Feasance & Company is examining shares of a large specialty retailer.
Assume the following information:
EPS: $2.30
ROE: 16.25%
Growth rate of dividends: 12.00%
Discount rate: 13.33%
Tax Rate 35%
Using this information, what is the dividend payout ratio for this specialty retailer? Further, what is the annual dividend?
A. 73.85%, $0.60
B. 26.15%, $0.60
C. 23.07%, $0.53
D. 26.15%, $1.70
E. 73.85% $1.70
F. 65.16%, $1.50
Answer: B
Explanation:
Explanation/Reference:
Explanation:
To determine the dividend payout ratio, the equation used to determine the growth rate of dividends must be manipulated. This equation is originally structured as follows:
{g = ROE (1 - Dividend Payout Ratio)}
In order to determine the Dividend Payout Ratio, the equation must be rearranged to the following: {(1 - Dividend Payout Ratio) = Growth Rate of Dividends / ROE}.
Imputing the given information into this equation will yield:
{(1 - Dividend Payout Ratio) = 0.12/0.1625)} = 0.73846
Finally, subtracting this figure from 1 will yield the answer of 26.15%. We must subtract the first answer from one because the first answer represents the retention rate, i.e. the percentage of earnings that is retained and reinvested at the firm's ROE. The retention rate and the payout ratio will always combine to equal positive one. In order to determine the annual dividend, take the Dividend Payout Ratio, which was found to be 26.15%, and multiply this figure by the Earnings Per Share calculation, which is given as
$2.30. This will yield an annual dividend of $0.60154. As you can see, neither the discount rate nor the tax rate is factored into the equation.

NEW QUESTION: 3
DRAG DROP
An HTML page has a CANVAS element.
You need to draw a red rectangle on the CANVAS element dynamically. The rectangle should resemble the following graphic.

How should you build the code segment? (To answer, drag the appropriate line of code to the correct location. Each line of code may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.) Select and Place:

Answer:
Explanation:

Explanation/Reference:
Explanation:
Example:
Drawing with JavaScript
<script>
var c = document.getElementById("myCanvas");
var ctx = c.getContext("2d");
ctx.fillStyle = "#FF0000";
ctx.fillRect(0,0,150,75);
</script>
Reference: HTML5 Canvas
http://www.w3schools.com/html/html5_canvas.asp