Which cancer has the highest incidence (but not the highest death rate) for women in the united states?

Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 33,817 $ 40,739 $ 42,

SOVA2 [1]

Answer:

Simon Company's

Balance Sheets at December 31L

Current Yr % 1 Yr Ago % 2 Yrs Ago %

Assets

Cash $ 33,817 6 $ 40,739 8 $ 42,420 10

Accounts receivable, net 100,012 17 69,175 14 53,814 13 Merchandise inventory 128,260 22 91,410 18 59,663 14

Prepaid expenses 11,001 2 10,482 2 4,576 1

Plant assets, net 311,773 53 292,386 57 255,527 61

Total assets $ 584,863 100 $ 504,192 100 $ 416,000 100

Liabilities and Equity

Accounts payable $ 141,262 24 $ 85,208 17 $ 56,010 13

Long-term notes payable 108,855 19 118,283 23 91,936 22 Common stock,

$10 par value 163,500 28 163,500 32 163,500 39 Retained earnings 171,246 29 137,201 27 104,554 25

Total liabilities & equity$ 584,863 100 $ 504,192 100 $ 416,000 100

2. Assuming annual sales have not changed in the last three years, the change in accounts receivable as a percentage of total assets is favorable. It is always better to maintain low accounts receivable, thereby reducing credit risk exposures.

3. Assuming annual sales have not changed in the last three years, the change in merchandise inventory as a percentage of total assets is favorable. Less inventory means that working capital is not being tied down to inventory.

Explanation:

Common-size percentages are used in analyzing the balance sheet. The calculations set each line item as a percent of the total assets.

7 0

3 years ago

Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.

Tanya [424]

Answer:

The correct answer is option a.

Explanation:

The monthly total revenue is $5,000.

The marginal cost of producing 19th, 20th and 21st unit is $200.

Laura will earn profit if the price is able to cover marginal cost.

Total revenue is the product of price and quantity.

Price of cake when Laura produces 19 units

= $\frac{TR}{Q}$

= $\frac{5,000}{19}$

= $263.15

Price of cake when Laura produces 20 units

= $\frac{TR}{Q}$

= $\frac{5,000}{20}$

= $250

Price of cake when Laura produces 21 units

= $\frac{TR}{Q}$

= $\frac{5,000}{19}$

= $238.09

So we see that the price is able to cover marginal cost till 21st units, so Laura should produce more than 20 units and go on producing till price becomes equal to marginal cost.

4 0

3 years ago

Is the cost of equity calculated from the CAPM model, pre -tax or post-tax?

Natasha_Volkova [10]

The existence of pre-tax cost of debt and post-tax cost of debt is due to the acknoledgement of the tax benefit from issuing debt.There is no tax benefit from paying divdends,so it makes no sense talking about pre-tax,post-tax cost of equity for a firm.When you think about cash flow to equity you can only assume that the taxes owed by the company have already been paid.Now, the taxation over the income of the shareholder is a whole different issue that does not take place in this discussion,since it is not taken in consideration either in cost of equity or cost of debt.

3 0

3 years ago

Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,500. Budgeted cash rec

Mice21 [21]

Answer:

$12,500

Explanation:

Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.

Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.

$19,500+190,500-191,000= 19,000

Then, you have to subtract 19,000 from 31,500 to determine the amount that the company needs to attain its desired ending cash balance:

31,500-19,000= 12,500

According to this, the company should borrow $12,500.

4 0

3 years ago

If the price index has a value of 122 then the inflation rate during the past year was 22%. True or False

Lyrx [107]

If I am correct it is true

8 0

3 years ago