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Fudgin [204]
3 years ago
15

Financial manager at Marshall Manufacturing, Chase is exploring sources of long-term funds to finance the construction of Marsha

ll's newest plant. Chase would prefer a funding source that does not require interest payments or involve major underwriting fees. Chase will consider using retained earnings to fund the construction project.
a. true
b. false
Business
1 answer:
daser333 [38]3 years ago
8 0

Answer:

A. True

Explanation:

Since Chase wants a long term fund that doesn't require a interest, it can be advisable that Chase uses the company's retained earnings.

Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders. A business generates earnings that can be positive (profits) or negative (losses).

You might be interested in
EA3.
soldier1979 [14.2K]

Answer:

Internal users of accounting information- Management

Employees

External users of accounting information- Investors

Creditors

Customers

Tax authorities

Explanation:

Internal users of accounting information are individuals within an organisation who make use of accounting information.

External users of accounting information are individuals outside an organisation that make use of accounting information. They are the people not employed by the organisation that make use of accounting information.

I hope my answer helps you

4 0
3 years ago
A bonus package pays an employee $800 at the end of the first year, $1800 at the end of the second year, $2800 at the end of the
makvit [3.9K]

Answer:

The present value for this bonus is $30,018.13

Explanation:

pv         n  i FV

754.72 1 6% 800

1601.99 2  1800

2350.93 3  2800

3009.96 4  3800

3586.84 5  4800

4088.77 6  5800

4522.39 7  6800

4893.82 8  7800

5208.71 9  8800

<u>30018.13 </u>  

5 0
3 years ago
Read 2 more answers
Arthur Rabe is suing Xavier Sanchez for breaching a contract in which Sanchez promised to sell Rabe a Van Gogh painting for $150
OLEGan [10]

Answer:

Remedies

a. The suing party is called the plaintiff. The party being sued is the defendant. Therefore, since Arthur Rabe wants to sue Xavier Sanchez. Rabe is the Plainttiff and Sanchez is the Defendant.

b. If Rabe wants Sanchez to perform the agreement as promised, Rabe would seek remedy of Specific performance of Contract from the Court. Failure to do so will attract charges.

c. If Rabe wants the contract to be cancelled, then Rabe would ask the court for a rescission which is the cancellation of a contractual obligation.

d. The term remedies refers to a legal means to enforce a right or redress a wrong. Remedies of law include land, items of value or money. Remedies in equity includes specific performance, injunction and rescission. Thus, both remedies in part b and c are remedies in equity.

e. The party appealing a case is called the appellant or petitioner while the appellee is the party against whom the appeal is taken. So Sanchez would be the appellant and Rabe would be the respondent.

7 0
3 years ago
Mike is arrested at a warehouse in North Industrial Park and is charged with the crime of theft. Mike will be prosecuted bya. th
Sati [7]

Answer:

Mike will be prosecuted by a;

c. a public official

Explanation:

To better answer the question we need to define some key terminologies;

1. Industrial park

An industrial park is an area that is set aside usually in a city for industrial development. Residential and commercial developments are not allowed in these zoned areas.

2. Prosecutor

A prosecutor is a legal representative of the prosecution. The prosecution is  the legal team charged with the duty of presenting the case against someone accused of breaking the law.

3. Public official

A public official is any individual nominated or elected to represent the public through the state. Any person who holds a legislative, administrative or judicial post is a public official. They are usually charged with authority to handle certain duties.

In our case, Mike was arrested and charged with the crime of theft. The prosecutor has to be a public official who needs to represent the prosecution in presenting the case against the accused: in this case it's Mike who was accused of theft.

4 0
4 years ago
Which of the following is an example of crowding out? a. An increase in government spending increases interest rates, causing in
kicyunya [14]

Answer:

a. An increase in government spending increases interest rates, causing investment to fall.

Explanation:

Crowding out occurs when increased government spending backfires and has a negative impact in the private sector due to the increase in interest rates, which are pivotal in the decision-making process of private investments. A high intensity crowding out may even lead to a negative overall impact in the economy. Therefore, the answer is alternative a.

3 0
3 years ago
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