Answer:
21.29%
Explanation:
The computation of the internal growth rate is shown below:
But before that we need to determine the following calculations
Debt equity ratio js
= debt ÷ equity
The debt is 0.6 of equity
So,
= 0.6 × $8,600
= $5,160
Now
Total assets = Total liabilities + Total equity
= $8,600 + $5,160
= $13,760
Return on assets = Net income ÷ Total assets
= $3450 ÷ $13760
= 0.2507
Now as we know that
Retention ratio = 1 - payout ratio
= 1 - 0.3
= 0.7
And, finally
The Internal growth rate is
= (Return on assets × Retention ratio) ÷ [1 - (Return on assets × Retention ratio)]
= (0.2507 × 0.7) ÷ [1 - (0.2507 × 0.7)]
= 21.29%
Answer:
Current rate method
Explanation:
Translation is defined as the conversion of financial statement of a foreign subsidiary from the foreign currency to local currency.
This is done to reduce the effect of foreign exchange risk.
If a foreign subsidiary is exposed to foreign exchange risk the best translation method is the current rate method.
Current rate method uses the current exchange rate in translation.
Translation is used when the local currency is the functional currency of the company.
Answer:
Net increase in cash = $650
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.
Also note: See the attached excel file for the statement of cash flows using the indirect method.
From the attached excel file, we have:
Net cash flow from operating activities = $830
Net cash flow from investing activities = $30
Net cash from financing activities = -$210
Net increase in cash = $650
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xlsx
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pdf
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Answer:
"I am"
Explanation:
An "I am" is a statement used to communicate one’s feelings in a nonconfrontational manner.
This is because you are communicating what you are. Angry, upset, happy. etc...
Answer:
A) At point C, 2 automobiles will equal 9 forklifts. Therefore, an extra automobile would cost 4 and a half forklifts.
B) Also, because 6 forklifts equal 2 automobiles, an additional forklift would cost 1/3 automobiles
Explanation:
It only costs 3 forklifts to manufacture the first two cars; the next pair comes at a cost of 6 forklifts. Therefore, it will cost a dozen forklifts to manufacture the last 2 automobiles. This demonstrates that every extra car produced comes at a greater cost than the one before.
Cheers
