Missing information:
<u>Balance sheet
</u>
Current assets $3,300 Current liabilities $2,200
Fixed assets $10,200 Long-term debt $3,750
Equity $7,550
Total $13,500 Total $13,500
<u>Income statement</u>
Sales $6,600
Costs $5,250
Taxable income $1,350
Taxes (34%) $459
Net income $891
Answer:
$1,350.60
Explanation:
external financing needed = [(assets / sales) x ($ Δ sales)] - [(current liabilities / sales) x ($ Δ sales)] - [profit margin x forecasted sales x (1 - dividend payout ratio)]
EFN = [($13,500 / $6,600) x $1,188] - [($2,200 / $6,600) x $1,188] - [(0.135 x $7,788 x (1 - 0.35)]
EFN = $2,430 - $396 - $683.40 = $1,350.60
External financing refers to the amount of money that a business must either borrow or raise capital in order to keep operating as they have been doing so.
Answer:
C. the price paid by buyers increases and the price received by sellers decreases
Explanation:
In the market experiment with taxes, after the excise tax is imposed on the market the price paid by buyers increases and the price received by sellers decreases
I would say that Dan should learn how to type with a keyboard instead of by hand as I know that with practice one can learn to type quite fast and with a keyboard one doesn't need to worry about writing neatly or legibly since all the letters and numbers are pre-determined and always the same.
Answer:
Celebruity has a unit contribution margin of $35 ($100-$62-$3), currently.
Celebrity will have a unit contribution margin of $42.25 =($110-$62-$2.75) whit the changes.
This is an increase of $10.25 in the unit contribution margin.
Sales volume remains to be the same at 150 units ($15000 / $100), so the effect on contribution margin is $1537.50 = (150 X $10.25).
The contribution margin increase equals the net income increase, $1537.5 because the costs remain the same
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