Options:
(a) $162,032.
(b) $406,067.
(c) $417,246.
(d) $674,023.
Answer:
Correct Option is B.
<u>$406,067</u>
Explanation:
At an expected earnings rate of 6%, and an inflation rate of 3% during the period, he need to have $406,067 at the beginning of his retirement.
Answer:
Decker Enterprises
Based on the projections, Decker will have:___________:
b.) a financing surplus of $36
Explanation:
a) Data and Calculations:
Income Statement Current Projected
Sales na 1,500
Costs na 1,050
Profit before tax na 450
Taxes na 135
Net income na 315
Dividends na 95
Balance sheets Current Projected Current Projected
Current assets 100 115 Current liabilities 70 81
Net fixed assets 1,200 1,440 Long-term debt 300 360
Common stock 500 500
Retained earnings 430 650
Total 1,300 1,555 Total 1,300 1,591
b) Financing surplus 36
c) Decker Enterprises does not need additional financing, but has excess financing because the Liabilities and Equity are greater than the assets.
Answer:
A. norms.
Explanation:
Based on the information provided within the question it can be said that in this case, the sales department has developed norms. This term refers to unwritten rules regarding behavior and various actions that considered by the company or society as being acceptable for the environment in which you are in. Such unwritten rules include dress codes and specific work hours, as defined in this scenario.
The correct option is Building materials.
Building materials:
- 1: a building constructed for long-term usage that is typically walled and roofed (as for a dwelling) 2: the process of putting together materials to form a structure. Synonyms Example Sentences Phrases containing structure Learn More About Construction.
- Any kind of man-made construction is a structure. It might be a dam or a bridge, for instance. In contrast, a building is a closed construction with walls and a roof.
- The following structures are included in the definition of a building: Walls, floors, roofs, chimneys, plumbing and drainage systems, fixed constructions, etc. are examples of structural components. Verandas or atriums, balconies, cornices, building projections that extend past the structure's outside walls, etc.
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Option A
the most likely reason for a company to have an increase in average collection period : The company has incurred additional marketing expenses to attract customers
<u>Explanation:</u>
The average collection period is the measure of time it necessitates for a business to obtain prices owed by its customers in words of accounts receivable. To satisfy their economic commitments, Businesses estimate the average collection period to create assured they possess sufficient money on control.
Most firms intend for an average collection period that is flatter than a retail credit system. They require to be capable to extend serving terms to intrigue customers and be capable to accumulate efficiently as strongly.