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Genrish500 [490]
4 years ago
11

Next year's pro forma statement is based on an annual increase in sales of four percent. The firm is currently operating at 85 p

ercent of capacity. Net working capital and all costs vary directly with sales. The tax rate and the dividend payout ratio are fixed. Given this information, the C 0:45:52 a) total assets will increase by less than four percent b) depreciation expense will decrease by four percent c) retained earnings will increase by 85 percent of projected net income. d) total liabilities and owners' equity will increase by four percent e) projected dividends must equal the current dividends.
Business
1 answer:
ELEN [110]4 years ago
7 0

Answer: a) total assets will increase by less than four percent

Explanation:

Since the tax rate and the dividend payout ratio are fixed, and you have net working capital and all costs varying directly with sales, the total assets will increase by a value that is less than the annual increase in sales.

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Last year, you purchased land to build a retail store. You paid $20 million for the land. Another business has now offered $8 mi
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Answer:

a. $8 million

Explanation:

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Moreover, the sunk cost is not a part of the future decision as this cost is irrelevant now

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8 0
3 years ago
. Which combination of assets is considered to be money? currency in circulation and in bank vaults, checkable bank deposits, an
Inessa [10]

Answer:

Currency in circulation and in bank vaults , checkable deposits and travelers' check

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One key property of money is liquidity. That to qualify for money , an asset must be in a state that it can easily be converted to cash in a short space of time.

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8 0
4 years ago
If there r 15 dollers on a table 5 people grab 3 how many are left
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Okay, so we start out with $15. Then 5 people take $3. All we have to do is <u>multiply</u> 5 by 3

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Therefore, there will be <u>no</u> money left.


Hope this helps you

Brainliest would be appreciated

-AaronWiseIsBae

8 0
3 years ago
Read 2 more answers
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