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Jet001 [13]
3 years ago
14

Beranek Corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ en

ough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio
Business
1 answer:
Andrej [43]3 years ago
4 0

Answer:

Beranek Corp. should borrow $288,000 to achieve the target debt ratio.

Explanation:

40% of debt-to-asset ratio means that 40% of the assets should be Financed with debt and the remaining with equity. We have $720,000 worth of assets, simply multiply it with 40% and you will get the amount the needs to be borrowed.

If you have any queries about double entries of all this scenario, do leave a comment, I'll be pleased to help you.

Thank you!

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Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
Galina-37 [17]

Answer:

D. Buyer

Explanation:

The buyer is the one who is interested in purchasing the property and becoming the new owner. A walkthrough which involves inspecting the property and making sure everything has remained stated and is in order is done by the buyer who is interested in owning the property. A buyer can always demand for a walkthrough. The walk through gives the buyer time to inspect the property before closing.

8 0
3 years ago
Jordan is a sales officer who has been underperforming over the last three months. At the last monthly operations cycle meeting,
Rashid [163]

Answer:

D. Filtering.

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6 0
3 years ago
After seeing advertisements for the Toyota Prius, Joel becomes interested and does some Internet research. However, after seeing
ANTONII [103]

Answer:

False

Explanation:

A lagged effect in marketing can be defined as the delay that comes from an effort put into marketing a product.

In marketing, efforts put into an advertisement can yield a greater result even after the lag period. This means that a product might need more than one advertisement and the combined effects of the advertisements will be seen overtime if not immediately.

In the above question, Joel still went on to get a Ford fusion after seeing the Toyota advert which means that something from his research must have influenced his decision. Either price, quality, or any other factors must have been responsible for Joel's choice but it is definitely not the lagged effect.

Cheers.

5 0
3 years ago
You have been hired as an economic consultant to the mayor. he is considering putting a tax on several products. you are worried
Fittoniya [83]

Answer: b) Supply is inelastic and demand is inelastic.

Explanation: Dead-weight loss is the loss in total surplus when a tax is imposed on a good which restricts demand and supply from balancing. When both the demand and the supply curves are inelastic, the effect of a tax will be lead to a small change in the quantity being traded in the market. Thus, the equilibrium quantity at the taxed price will not fall much and the dead weight loss will therefore, be smaller.

4 0
3 years ago
A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as?
Vikki [24]

A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as the loss is no greater than its total variable costs.

Variable costs are expenses that vary in proportion to the volume of goods or services that a business produces. A variable cost is an ongoing cost that changes in value according to factors like sales revenue and output. Variable costs include labor, raw materials, etc.

Variable costs are costs that change as the volume changes. Examples of variable costs are raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees.

learn more about Variable costs here

brainly.com/question/13896920

#SPJ4

6 0
11 months ago
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