Answer:
(a) 15.46%
(b) $11,904.11
(c) 6.15%
Explanation:
(a) Sustainable growth rate:
= 29.32%
Retention Ratio = 1 - Dividend Payout
![=1-[\frac{9,400}{17,300}]](https://tex.z-dn.net/?f=%3D1-%5B%5Cfrac%7B9%2C400%7D%7B17%2C300%7D%5D)
= 45.66%
= 0.15446
= 15.46%
(b) Additional borrowing:
New Total Asset = (Total debt + Total equity) × (1 + Sustainable growth rate)
= (77,000+59,000) × (1 + 15.46%)
= 157025.4
= $88904.11
Increase in Borrowing = New debt - old debt
= $88,904.11 - $77,000
= $11,904.11
(c) Internal growth rate:
= 12.72%
= 0.0615
= 6.15%
Answer:
The correct answer of this question is b-200$.
Explanation:
As per tax schedule if income from capital gain is less than 39,375$ 0% tax is charge lieved.
So on his income from capital gain that is 34,000 dollars no tax will be charge. However the remaining income is subject to income tax that is (36000-34000)= 2000 dollars. So Cason is liable to pay tax equals to 200$. (2000*10%)
As per tax law whose income is less than 9,750 dolars is liable to pay tax at the rate of 10%.
The reduction in inventory value at Murray manufacturing is a source of cash
What is difference between use and source of funds?
A transaction is a use of cash if it requires more cash to be spent on its during the period under review whereas for a source of cash, there would a reduction in its cash usage for the company
In this case, inventory value fell from $100 in 2019 to $75 in 2020, reducing by $25, which means that inventory made use of lesser cash in 2020,releasing $25 for other uses, hence, inventory is a source of cash.
Find out more use or source of cash on:brainly.com/question/28341877
#SPJ1
Answer: I would speak to my friend or family member about the importance of saving.
Explanation:
The conversation would be about how to save since many times people tend to buy and spend on many things and do not think long term. They think that money will always be there and that the bad times will never come. When we think of saving as something fundamental, we are thinking of our future, of having security.
is the advice that follow yourself?
This kind of advice and talk about money is something I apply to myself and have done for many years. I understand the importance of saving and try to be someone who puts what he preaches into practice.
why or why not?
For many years I have thought about the importance of saving. Before he was a person who spent and did not think about the future. Nowadays I put this advice into practice as I know how important it is to have money saved, which can be used for any emergency that arises. Saving money is something for wise people, it helps to have something to lean on. I always carry this financial advice with me, apply it to the measure and try to teach it to the people around me
Answer:
Explanation:
The company must record the acquisition of that inventory, including all the expenses related to the purchase and logistics, up to have them placed in the company´s warehouse.
Therefore, the journal entry to record those transactions are:
Dr Inventory 8,200
Cr Cash 8,200
Notice that freight costs are not considered expenses in this case, as they are capitalized being part of the inventory cost.
<u>Income Statement</u>: no change
<u>Balance Sheet</u>: Inventory increased by $ 8,200
Cash decreased by $ 8,200
<u>Net change</u>: $ 0
