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4 years ago

He most recent financial statements for Hailey Co. are shown here:

Business

1 answer:

Tasya [4]4 years ago

7 0

Answer:

$10,464.41

Explanation:

in order to answer this question we can use the external financing needs formula, except that we will have EFn = 0, and look for Δ Sales

EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

EFN = $0
A= assets = $155,000
S = current sales = $66,000
Δ = ???
L = current liabilities = $0
PM = profit margin = $30,300 / $66,000 = 0.4591
FS = current sales + Δ Sales = $66,000 + Δ Sales
1 - d = 1 - dividend payout ratio = 1 - 0.3 = 0.7

0 = 2.3485Δ - 0 - (0.4591 x FS x 0.7)

0 = 2.3485Δ - (0.3214 x FS)

0 = 2.3485Δ - [0.3214 x ($66,000 + Δ)]

0 = 2.3485Δ - $21,212.40 + 0.3214Δ

$21,212.40 = 2.0271Δ

Δ = $21,212.40 / 2.0271 = $10,464.41

If no new equity is raised, sales can increase by $10,464.41. Total forecasted sales = $76,464.41

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Answer:

C. Checkable deposits fall by $1.5 million, and the banking system's holdings of securities fall by $1.5 million.

Explanation:

Checkable deposits are a category of Custer deposit that allows a customer withdraw the amount in their accounts on demand.

Of the federal reserve sells $1.5 million worth of bonds and gets paid through a checking account, then the balance in the checking account will go down by $1.5 million.

Since the Federal reserve (central bank of the United States) is part of the banking system and they are giving out bonds, the banking system's holdings of securities fall by $1.5 million.

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3 years ago

To be effective, communication must ________. A. benefit both parties B. only involve a sender C. be written D. only involve a

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Answer:

Benefit both parties

Explanation:

Communication is the process of transferring information from the sender to the receiver. In a communication process: The sender encodes the information, transmits it via a medium, the sender receives the message, decodes it, perceives it and send feedback to the sender.

It the process mentioned above, communication will become ineffective if any of the things is not done properly. Consequently, it should involve, and therefore, benefit both the parties.

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4 years ago

If you notice that you’re spending too much in a certain budget category, what are some things you could do to fix the shortfall

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Some of the things which a person can do to adjust his spendings on a budget are:

Reduce spending habits
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With this in mind, we can see that if a person is spending too much, in a particular category, then he would have to either reduce spending or make more money.

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2 years ago

Suppose a tax of $5 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 200

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Answer:

$250

Explanation:

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Deadweight loss from the tax = $250

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3 years ago

Assume today’s settlement price on a CME EUR futures contract is $1.3140/EUR. You have a short position in one contract. Your pe

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Answer:

$1,875; $1,787.50; $2,837.50

$562.50

Explanation:

Initial balance in account = $1700 and 125,000 EUR is the contractual size of one EUR at a price of $1.3140

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= $87.50.

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= $1787.50 (Deduct in balance due to loss)

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= $562.50

To bring back up to the initial performance bond level - we can experience a margin call requesting for additional funds be added to your performance bond account.

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4 years ago