Answer:
Cash flow to creditors in 2018 is −$85,000
Explanation:
2017 balance sheet of Kerber’s Tennis Shop, Inc is recorded as
Interest paid............................................................................$255,000
Less:
long-term debt in 2018.........................................................$2.21 million
Less: long-term debt brought forward from 2017..........$1.87 million
Total (taken as net new borrowing)...................................$340,000
Cash flow to creditors = 2018 Interest expense less net new borrowing
= $255,000 - $340,000
= −$85,000
If something goes wrong, the company will make sure you're not completely screwed.
Answer:
represents the TOTAL revenue at time 
.
Explanation:
is the revenue at the time at the first restaurant.
is the revenue at the time at the second restaurant.
If we want to know the TOTAL revenue at the time , we would sum these quantities:
TOTAL revenue = 
So represents the TOTAL revenue at time .
Answer:
1. ANSWER: 20,000
2. ANSWER: $400,000
3. ANSWER: $28.45
Explanation:
1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.
2. The planned market share in dollars is 10% * $4 million = $400,000
3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.
Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 = $28.45
