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Tanzania [10]
3 years ago
7

Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers real

ize that they must decide what to do with the money. Since you are the financial manager, they ask for your advice. You advise them to firstA) repay the short-term obligations out of the sales revenue.
B) use the money to buy a yacht for the managers.
C) increase all employees' wages.
D) enroll all the salespeople in a sales training course.
E) borrow more money.
Business
2 answers:
zysi [14]3 years ago
8 0

Answer:

A) repay the short-term obligations out of the sales revenue.

Explanation:

Tidewater should use their profits to try to lower their total debts, specially short term obligations. The problem with short term obligations is that the company continuously needs an inflow of cash to repay them.

It is not something unusual for retailers to take 1-3 month credits to purchase and resell merchandise, but they always have the risk of not being able to sell enough merchandise one month to cover their costs and their debt payments.

Long term debt is always more manageable since you have more than a year to pay them back and the interest rates are usually lower.

Naily [24]3 years ago
8 0

Answer:

A)

Explanation:

Based on the information provided within the question it can be said that I would advise them to first repay the short-term obligations out of the sales revenue. This is because debt needs to be always be payed first as it allows you to use the rest of the money as pure profit and prevents unexpected problems later on.

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Do you think celebrities should weigh in on politics? Why or why not?
Nina [5.8K]

Answer:

I don't there should be a problem with celebrities weighing in on politics.They are human right? I mean everyone has the right to say who they want to vote for. The only problem there might be is celebrities may impact the views of younger adults before they even know the people running and the opinions.

Explanation:

7 0
3 years ago
The SUV division of a major automobile corporation decides to release a new model a month ahead of its stated release and notifi
Sonbull [250]

Answer:

Here the department manager has to alter his functional level plan in order to accommodate to the earlier release date.

Explanation:

A functional plan is very necessary in order to maintain the smooth functioning of each and every department and to make sure these departments achieve maximum performance. These plans are built specifically for certain activities within the company ( as here it would be build for the release of new SUV model ) . This plan will demonstrate when , how, and where a organizations objective will be met for each department.

5 0
3 years ago
Farm subsidies account for approximately ________ of net agricultural income, making America's farmers among the most heavily su
Ronch [10]

Answer:

One fifth

Explanation:

Farm subsidies account for approximately <u>one fifth</u> of net agricultural income, making America's farmers among the most heavily subsidized in the world.

American governement provide subsidy to the farmer to incourage farming in United States and help them to hedge the risk out of demand disruption, price fluctuation, climatic changes, etc. In 2019, US governement payout $22 billion subsidy directly to the farmer, which make it highest subsidized farmer in the world. It has encouraged farmer to produce more crops like Corns, Wheat, rice, soyabean, cotton, etc. As new farm bill was passed at US parliament in 2014, however, higher subsidy process have become more complex, which is benefiting only to the rich farmers in United states.

3 0
3 years ago
the area ________ the market supply curve and ________ the market price is equal to the total amount of producer surplus in a ma
Anton [14]

Answer:

the area under the demand curve

Explanation:

7 0
2 years ago
Nolte Co. has 4,800,000 shares of common stock outstanding on December 31, 2012. An additional 200,000 shares are issued on Apri
12345 [234]

Answer:

5,110,000 and 5,170,000.

Explanation:

earnings per share EPS = (net income - preferred dividends) / weighted average of outstanding shares

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  • 200,000 issued April 1 = 200,000 x 9/12 = 150,000
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weighted average outstanding shares = 4,800,000 + 150,00 + 160,000 = 5,110,000

diluted shares = ($6,000,000 / $1,000) x 40 x 3/12 = 60,000

diluted EPS = (net income - preferred dividends) / (weighted average of outstanding shares + diluted shares)

weighted average of outstanding shares + diluted shares = 5,110,000 + 60,000 = 5,170,000 shares

4 0
3 years ago
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