All categories

4 years ago

Major Manuscripts, Inc.

Business

1 answer:

Lisa [10]4 years ago

6 0

Answer:

Projected total assets = <u>$10,318 </u>

Projected retained earnings = <u>$4,675.30 </u>

Additional new debt required = <u>$537.70</u>

Explanation:

external financing needed = EFN = [(total assets/total sales) x ($ Δ sales)] - [(total current liabilities/total sales) x ($ Δ sales)] - [profit margin x forecasted sales in $ x (1 - dividend payout ratio)]

total assets = $9,380, projected total assets = $9,380 x 1.1 = $10,318

total sales = $7,800

$ Δ sales = $780

current liabilities = $1,550

profit margin = net income / sales = $410 / $7,800 = 0.052564

forecasted sales = $7,800 x 1.1 = $8,580

dividends payout ratio = dividends / net income = $187 / $410 = 0.4561

EFN = [($9,380/$7,800) x ($780)] - [($1,550/$7,800) x ($780)] - [0.052564 x $8,580 x (1 - 0.4561)]

EFN = $938 - $155 - $245.30 = $537.70

projected retained earnings = current retained earnings - projected net income - projected dividends = $4,430 + $451 - $205.70 = $4,675.30

Read more about the intranet

brainly.com/question/19339846

#SPJ1

7 0

2 years ago

Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a me

solong [7]

It means to differentiate their product. Monopolistic competition is a sort of blemished rivalry with the end goal that numerous makers offer items that are separated from each other and subsequently are not impeccable substitutes.
Harmony under monopolistic competition. In the short run, supernormal benefits are conceivable, however, over the long haul, new firms are pulled in into the business, as a result of low boundaries to the passage, great learning and a chance to separate.

6 0

3 years ago

An asset's ______ is the ease with which it can be converted quickly into the most widely accepted and easily spent form of mone

KonstantinChe [14]

An asset's liquidity is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.

<h3>What is Asset Liquidity?</h3>

When a financial asset is bought or sold, its liquidity relates to how quickly it may be transformed into cash. The ability to move cash quickly and readily without affecting its market value makes it the asset with the highest liquidity.
An asset is considered to be liquid if it can quickly and easily be turned into cash. Cash, instruments from the money market, and marketable securities are examples of liquid assets.
Keeping track of the liquid assets that make up a component of one's net worth can be a worry for both individuals and organizations.
A company's liquid assets are recorded as current assets on its balance sheet for financial accounting reasons.

To learn more about the Asset's Liquidity refer to:

brainly.com/question/13525747

#SPJ4

5 0

2 years ago

Read 2 more answers

True or false: households sell finished products to businesses.

artcher [175]

The answer is false! Businesses make finished products and then proceed to sell them back to the households once they have a completed product. On the other hand, households are able to provide resources such as capital, cars, or land to the businesses. This is an ongoing cycle where the household provides the needed resources, the businesses utilize those resources into finished products, and then sells the finished products back to household consumers.

4 0

4 years ago

When OSHA was enacted in 1970, it was heralded as the most important new source of protection for the U.S. worker in the second

harkovskaia [24]

Explanation:

This act OSHA is effective in the establishment of safety and health standards in businesses. Without this act there would be unsafe working conditions for employees in some companies.

The act is ineffective because of the political administration of the day. A new administration may decide to increase the budget, while another may decide to cut it. There is no standard budget for OSHA.

I do not think the act should be expanded. But it does need an amendment which should follow technological advancements.

Although this act has set safety guidelines for companies to follow, so as to make sure that workers are safe where they work, I believe that companies, businesses, should be allowed to some extents to set safety standards for their workers above that of OSHA.

4 0

3 years ago