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3 years ago

Use the below information to answer the following question.

Business

1 answer:

lianna [129]3 years ago

7 0

Answer:

$2,253.35

Explanation:

external financing needed = EFN = [(total assets/total sales) x ($ Δ sales)] - [(total current liabilities/total sales) x ($ Δ sales)] - [profit margin x forecasted sales in $ x (1 - dividend payout ratio)]

total assets = $48,900

total sales = $42,700

$ Δ sales = $5,978

current liabilities = $3,650

profit margin = net income / sales = 0.129

forecasted sales = $48,678

dividends payout ratio = dividends / net income = 0.35

EFN = [($48,900/$42,700) x ($5,978)] - [($3,650/$42,700) x ($5,978)] - [0.129 x $48,678 x (1 - 0.35)]

EFN = $6,846 - $511 - $4,081.65 = $2,253.35

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Katena32 [7]

Answer:

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2 years ago

In a small manufacturing facility, one welder is needed for every 200 hours of machine-hours or fewer in a month. The welder is

Lerok [7]

Answer:

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3 years ago

Cold Goose Metal Works Inc. just reported earnings after tax (also called net income) of $95,000,000, and a current stock price

aivan3 [116]

Answer:

$12.22 per share

Explanation:

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2 years ago

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Aliun [14]

Answer:

True

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3 years ago

The capital account balances for Donald & Hanes LLP on January 1, 2018, were as follows: Donald, capital $ 200,000 Hanes, ca

m_a_m_a [10]

Answer:

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Explanation:

Step 1: Find out Donalds ratio of capital

Step 2: Find out how much may needed to invest for a 35% share

Step 3: Multiply Mays share by 1/3 to find out how much of that share will be bought from donald

Step 4: Subtract the amount from Donalds original capital balance

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3 years ago