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serg [7]
3 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]3 years ago
5 0

Answer:

E. $8852

Explanation:

See image to get the explanation

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From 1960 until 2012, the long-run average rate of inflation in the united states was
o-na [289]
The average is about 3 percent I got to say thats good
6 0
3 years ago
If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.
Kruka [31]

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 =   _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg :  $1 =   5€ - change to -  $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

3 0
4 years ago
Emily works in an orphanage and strongly believes that what she does is important and adds real values to the lives of others. S
Allushta [10]

Answer: EMPATHY

Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.

In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.

3 0
3 years ago
Read 2 more answers
What is the purpose of insurance
andreyandreev [35.5K]

Answer:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

Explanation: Refer to top

3 0
3 years ago
Which description BEST applies to today's U.S. worker? Question 1 options: a) working more at the office, leaving home for fun b
Galina-37 [17]

Answer:

Option C. working harder and longer, feeling more insecure

Explanation:

The reason is that the increase in automation has resulted in increase in unemployment and the result is that their is huge decrease in the jobs and the jobs that were previously unfilled are now filled due to increase in unemployment. Furthermore, this lead to increased bargaining power of the company position against the job seeker. This resulted in decrease in the wages of the employees as well.

All of the above issues resulted in increased hardwork desires of companies and insecurity of the people of America.

8 0
3 years ago
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