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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).

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Answer:

The stockholders' equity is $6,90,000.

Explanation:

<u>Calculating the Total stockholders' equity:</u>

Total stockholders equity = Beginning stock equity + Net income

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Sample Work: Writing an Informative Essay: Prewriting BATTLING ADVIRSITY
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A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Tamiku [17]

Answer:$192.200

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4 0
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contractor decided to bid for a major commercial project. The total price of her bid is $10 million. Estimate the total cost of
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