Answer:
$61.60
Explanation:
Equity funding need = Projected assets - Projected liabilities - Current equity - Projected increase in retained earnings
Equity funding need = $2,739 - $561 - $1,980 - $136.40
Equity funding need = $61.60
<u>Workings</u>
Projected assets = (Current assets + Fixed assets) * 1.10 = 820+1,670 * 1.10 = $2,739
Projected liabilities = Current liabilities * 1.10 = 510 * 1.10 = $561
Current equity = Current assets + Fixed assets - Current liabilities = 820 + 1,670 - 510 = $1,980
Projected increase in retained earnings = Sales*5% * 1.10 = $2,480*5% * 1.10 = 124*1.10 = $136.40
Answer:
Explanation:
Share repurchased = 176,000/ 32 = 5,500
Value of Equity = (52,000 - 5,500) x 32 = 1,488,000
Value of debt = 176,000
Debt Ratio = 176,000/ (176,000 + 1,488,000) = .10576
Leslie needs to reduce its investment in the firm by 10.576%
Leslie will sold stocks = .10576 x 500 = 53 shares
Therefore, Leslie need to Sell 53 shares and loan out the proceeds.
Answer: Option D
Explanation: Annuity refers to the payments made by an individual to another at equal intervals of time. And perpetuity refers to an annuity that has no end.
Hence the correct option is D. As in first two options the amount of payment will increase. Also in the last option the payments are made forever and equally so it is a perpetual annuity.
Answer:
computer skills,marketing skill ,research skill ,bachelor degree in finance,problem solving skills.
Explanation:
