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3 years ago

One way to prepare children to take over the family business is to:

1 answer:

5 0

Im a firm believer that your children need to start out at an early age and give them more responsibility as they get older, and by the time they are 18 they have the capability of carrying on they're parents buisness,

so basically A

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Assuming Dell sales will grow 50% in 1997, how might the company fund this growth internally?

stealth61 [152]

Dell can fund this growth internally by:

The $469 million increase in current liabilities serves as a source of funds.
The estimated increase in net profits to $395 million is approximately $123 million.
The short-term investment is assumed to be the same as in 1996, namely $591 million.

<h3>What is funding?</h3>

Business financing is a funding option that allows business owners to obtain business loans to cover expenses such as temporary cash flow interruptions, expansion projects, stock and equipment, and seasonal spikes in activity.
Retained earnings, debt capital, and equity funding are the three major sources of corporate financing.

So, according to the given chart:

As a result, an additional operating asset of $794 million is required to sustain growth.
The $469 million increase in current liabilities serves as a source of funds.
The estimated increase in net profits to $395 million is approximately $123 million.
The short-term investment is assumed to be the same as in 1996, namely $591 million.
As a result, we can confidently predict that growth will be funded internally.

Therefore, Dell can fund this growth internally by:

The $469 million increase in current liabilities serves as a source of funds.
The estimated increase in net profits to $395 million is approximately $123 million.
The short-term investment is assumed to be the same as in 1996, namely $591 million.

Know more about funding here:

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8 0

2 years ago

Effective controls relevant to purchasing of raw materials should usually include all of the following except Obtaining third-pa

Paul [167]

Answer:

. Obtaining third-party written quality and quantity reports prior to payment for the raw materials

Explanation:

Purchases of raw materials can be regarded as purchases of all commodities that is required as inputs in the process of production as well as related to the supply of factors of production. It should be noted that Effective controls relevant to purchasing of raw materials should usually include; ✓Determining the need for the raw materials prior to preparing the purchase order.

✓Systematic reporting of product changes that will affect raw materials. Obtaining financial approval prior to making a commitment.

8 0

3 years ago

marketing ethics is concerned with all of the following except the sale of products or services that may damage the environment.

Elis [28]

Answer:

The correct answer is distinguishing between right and wrong actions in a business setting.

Explanation:

Marketing ethics fulfills the important role of establishing ethical limits for the commercial expansion of companies, ensuring that they do not deceive consumers and that they are transparent in their communication strategies.

In the information age, consumers are more critical and better informed about the products they buy and the actions that companies take to manufacture and sell them based on marketing strategies.

5 0

3 years ago

The 2021 balance sheet for Hallbrook Industries, Inc., is shown below.

sdas [7]

Answer:

HALLBROOK INDUSTRIES, INC.

1. Current Ratio = Current assets/Current liabilities

= $1,300/530

= 2.45

2. Acid-test ratio = (Current assets - Inventory)/Current liabilities

= $940/530

= 1.77

3. Debt to Equity ratio = Total Liabilities/Equity

= $1,010/$2,590 * 100

= 0.39

4. Times Interest Earned = EBIT/Interest Expense

= $460/$50

= 9.2 times

Explanation:

a) Data and Calculations:

HALLBROOK INDUSTRIES, INC.

Balance Sheet December 31, 2021 ($ in thousands)

Assets

Cash $ 330

Short-term investments 280

Accounts receivable 330

Inventory 360

Total current assets $1,300

Property, plant, & equipment (net) 2,300

Total assets $ 3,600

Liabilities and Shareholders’ Equity

Current liabilities $ 530

Long-term liabilities 480

Total liabilities $1,010

Equity

Paid-in capital 1,400

Retained earnings 1,190

Total Equity $2,590

Total liabilities and

shareholders’ equity $ 3,600

2021 Income Statement reported the following amounts ($ in thousands):

Net sales $ 5,900

Interest expense 50

Income tax expense 120

Net income 290

EBIT = $460

6 0

3 years ago

Vacations by plane are a normal good and people's incomes rise. At the same time, the price of jet fuel rises. The equilibrium p

PtichkaEL [24]

Answer:

Increase, Increase

Explanation:

Normal goods experience a rise in demand if the consumer's income increases or economic conditions improve. Normal goods are sometimes referred to as necessary goods.

Jet fuel can be considered as input the cost of vocations. An increase in jet fuel will result in a rise in the cost of vacations. A rise in the cost of vacation leads to an increase in their equilibrium price.

If vacations are normal goods, an increase in people's income will increase their demand. Therefore, the equilibrium quantity of vacations will increase.

3 0

3 years ago