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serg [7]
2 years ago
9

Cross Town Express has sales of $137,000, net income of $14,000, total assets of $98,000, and total equity of $45,000. The firm

paid $7,560 in dividends and maintains a constant dividend payout ratio. Currently, the firm is operating at full capacity. All costs and assets vary directly with sales. The firm does not want to obtain any additional external equity.
At the sustainable rate of growth, how much new total debt must the firm acquire?

A. $0

B. $6311

C. $6989

D. $7207

E. $8852

Business
1 answer:
NISA [10]2 years ago
5 0

Answer:

E. $8852

Explanation:

See image to get the explanation

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A technique to bring changes in the

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Answer/Explanation:

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Statistical literacy is regarded as a key ability expected of citizens in information-laden societies, and is often touted as an expected outcome of schooling and as a necessary component of adults’ numeracy and literacy. Statistical literacy involves understanding and using the basic language and tools of statistics: knowing what basic statistical terms mean, understanding the use of simple statistical symbols, and recognizing and being able to interpret different representations of data (Garfield 1999; Rumsey 2002; Snell 1999)

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3 years ago
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N76 [4]

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Relevance and cost effectiveness  

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It prevents any lack of information from the business's financial information and helps to ensure that  creditors, stakeholders and investors are aware of all the relevant information while making key decisions that affect the company.

Not disclosing all the information could manipulate the companies financial statement and it may look stronger that it really is.

3 0
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Mashcka [7]

Answer:

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