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Semmy [17]
3 years ago
13

Orange & sons recently reported sales of $100 million, and net income equal to $5 million. the company has $70 million in to

tal assets. over the next year, the company is forecasting a 20 percent increase in sales. since the company is at full capacity, its assets must increase in proportion to sales. the company also estimates that if sales increase 20 percent, spontaneous liabilities will increase by $2 million. if the companys sales increase, its profit margin will remain at its current level. the companys dividend payout ratio is 50 percent. based on the afn formula, how much additional capital must the company raise in order to support the 20 percent increase in sales? select one:
a. $ 2.0 million
b. $ 3.0 million
c. $ 8.0 million
d. $ 9.0 million
e. $11.0 million
Business
1 answer:
anyanavicka [17]3 years ago
5 0
Hntitnfbtrkfnkrkebrdkrhrirnkrorn
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A company with shallow product line depth and broad product line breadth would have which of the following? Select one: a. few p
LiRa [457]

Answer: A- few product lines with many items in each

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This means that a shallow product line depth is a few product lines. The company has limited variety of product.

While the broad product line breadth means that the company has many items available.

3 0
3 years ago
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Texarkana Company exchanged equipment that cost $85,000 and has accumulated depreciation of $29,800 and a fair value of $60,000.
viva [34]

Answer:

$4,800

Explanation:

Data provided in the question:

Cost = $66,000

Accumulated depreciation = $30,000

Book value = Cost - Accumulated depreciation

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Now,

Fair value = $48,000 + $12,000

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Thus,

Gain = $60,000 - $36,000

= $24,000

Therefore,

Gain to be recognized = $24,000 × [ 12,000 ÷ 60,000 ]

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4 0
3 years ago
Although humans made stone tools for 200,000 years the most sophisticated form and last complete stone tool kit is the ________,
Margarita [4]

Although humans made stone tools for 200,000 years the most sophisticated form and last complete stone tool kit is the <u>crude stone tools </u>represented by: the awl, atlatl and bow & arrow.

<h3 /><h3>What were crude stone tool?</h3>

Any tool that is partially or totally fashioned out of stone is considered a stone tool in the broadest definition. Even if there are still societies and cultures that rely on stone tools, most of them are related to extinct prehistoric (especially Stone Age) cultures.

Archaeologists frequently research these prehistoric societies, and the examination of stone tools is known as lithic analysis. To deepen our understanding of the cultural ramifications of stone tool use and production, ethnoarchaeology has been a useful research field.

Arrowheads, spearheads, hand axes, and querns are just a few examples of the numerous tools made from stone throughout history. Stone can be ground into tools or it can be shaped by a flintknapper into knapped implements.

Learn more about stone tool

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8 0
2 years ago
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finlep [7]

Answer:

A. Radio Frequency Identification

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The use of radio frequency identification is to ensure a timely identification of people or objects.

The technology uses radio waves to identify people or objects. There is a device that will be used to read information contained in a wireless device or tags from a distance without making physical contact or requiring a line of sight.

6 0
3 years ago
While placing his order, a customer tells the waiter to avoid bell peppers of any kind or color in the food since he is allergic
boyakko [2]

<span>An allergic reaction should not be treated lightly because this can actually result in death of the victim. So in this casem this could actually lead to serious illness or death of the customer. Which adds a very huge liability for the restaurant or organization.</span>

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