Answer: $952500
Explanation: targeted equity ratio is 65% = 0.65
Capital budget = $850000
Dividend = net income - (target equity ratio × total budget)
400000 = N - (0.65 × 850000)
Make N the subject of formula
Net income N = $952,500
Answer:
Well what are the options
Answer:
Why has the provider of choice shifted from rail to motor modes?
When companies change their modus operandi, it is usually to minimize cost and maximize profit. This provider of choice therefore has probably determined that motor modes were more cost effective for the services it offers vs using trains and rail modes for transport and has now made the appropriate switch.
With the shift to motor freight carriers, the amount of traffic accidents have sky rocketed.
With the provider of choice now using motor modes as opposed to rail, there is bound to be more vehicles on the road now from motor bikes all the way to trucks and with an increase in the number of vehicles available, there is bound to be an increase in accidents involving vehicles.
Networking is the process where people is trying to help business and others with similar goals by trading information including contacts and referrals.
Business networking is one way of expanding business and trying to find more members to join their business.
