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Firlakuza [10]
3 years ago
14

Mark wants to be a web designer. He recently found out that a local company is

Business
1 answer:
ExtremeBDS [4]3 years ago
6 0

Answer:

No his parents aren't exactly right, a college is far more expensive, not only money wise, but also time wise. These programs/bootcamps can get you started in web design, and make sure you pass with a certificate and fully understand the topic, and they only take around a 2 - 5 months.

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​Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the compar
11111nata11111 [884]

Answer:

Net cash used by investing activities  -$16,000

Explanation:

The computation of the amount of net cash provided or used by investing activities is shown below:

Equipment purchase for cash            -$66,000  

Proceeds from the sale of equipment $50,000  

Net cash used by investing activities  -$16,000

The purchase is a cash outflow so it is in negative sign while the sale is cash inflow so it is to be shown in a positive sign

6 0
3 years ago
Bohemian Manufacturing Company has the following end-of-year balance sheet:
soldi70 [24.7K]

Answer:

<h2>Bohemian Manufacturing Company</h2>

1. Increase in Assets:

d. $540,00

2. Spontaneous Liabilities:

d. $72,000

3. Given the preceding information, Bohemian Manufacturing Company is expected to generate__$318,458 income from operations that will be added to retained earnings from the total net income of $513,000 ($450,000 x 1.18).

4. According to the AFN equation and projections for Bohemian Manufacturing Company, the firm's AFN is $__149,542__.

Explanation:

Solution

1. Additional Funds Needed = Increase in Assets − Increase in Liabilities – Increase in Retained Earnings, according to xplaind.com.

a) Increase in Assets

= Assets × sales growth rate

= $3,000,000 × 18%

= $540,000

Spontaneous Increase in Liabilities

= Liabilities × sales growth rate

= $400,000 × 18%

= $72,000

Increase in Retained Earnings

= Current sales × profit margin × retention rate

= Current sales × (1 + sales growth rate) × profit margin × retention rate

= $13,000,000 × (1 + 18%) × 3.46% × 60% = $318,458

Additional Funds Needed

= $540,000 - $72,000 - $318,458

= $149,542

2. Data:

Bohemian Manufacturing Company

Balance Sheet

For the Year Ended on December 31

Assets Liabilities

Current Assets:                                   Current Liabilities:

Cash and equivalents $150,000      Accounts payable            $250,000

Accounts receivable     400,000      Accrued liabilities               150,000

Inventories                    350,000      Notes payable                    100,000

Total Current Assets $900,000       Total Current Liabilities $500,000

Net Fixed Assets:                               Long-Term Bonds         1,000,000

Net plant & equipment $2,100,000 Total Debt                    $1,500,000

                                                           Common Equity

                                                           Common stock               800,000

                                                           Retained earnings          700,000

                                                         Total Common Equity $1,500,000

Total Assets         $3,000,000   Total Liabilities & Equity $3,000,000

3. Current profit margin = Net Income/Sales x 100 = $450,000/$13,000,000 x 100 = 3.46%

4. Retention Rate = (1 - dividend payout ratio) = (1 - 40%) = 60%

5. AFN = Additional Funds Needed.  AFN is the financial resources obtained from external sources to finance the increase in assets which supports the increased sales level.  Note that "Bohemian Manufacturing Company's assets are fully utilized," so we do not envisage the acquisition of more fixed assets.  In view of this, the liabilities that are expected to increase are only the Accounts Payable and Accrued Liabilities, two vital sources of supply chain funding.

3 0
3 years ago
Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each.Complete the
deff fn [24]

Answer:

Government Legal minimum price = $1.20 is case of 'Binding Price Floor'

Explanation:

Price Floor is the minimum base benchmark for price of a good or service. It is usually 'binding' i.e below the equilibrium price, is done to protect the producers from under pricing, based on free market forces. Example : Minimum Support Price for farmer's agricultural products.

In this case, the price floor (minimum mandated price) is in labour market for price of labour i.e wages. It is binding also, since it imposes the minimum price (wage) floor at - wage level greater than the wage as per free market demand & supply forces. Also, it is in interest of sellers (labour sellers here) analogous to farmers MSP previous example.  

8 0
3 years ago
Refined Grains, Inc., agrees to sell to sunny cereal company a certain quantity of refined oats each week but no mention is made
lions [1.4K]

Answer:

sddasdhasjdasd

Explanation:

7 0
3 years ago
If management wants to maximize its stock price, and if it believes that the dividend irrelevance theory is correct, then it mus
kupik [55]

Answer:

The correct answer is False.

Explanation:

This statement is false, since the residual theory of dividends argues that these are irrelevant, that is, that the value of the company is not affected by its dividend policy. The main drivers of this theory are Modigliani and Miller. Both authors affirm that the value of the company is determined solely by the profitability and the degree of risk of its assets (investments), and that the way in which the organization divides its income between dividends and reinvestment does not have a direct effect on its value .

However, some studies show that significant changes in dividends affect the price of shares in the same direction, that is, increases in dividends translate into increases in stock prices, and vice versa. In response, M and M propose that the positive effects of dividend increases be attributed, not to the dividend itself, but to the informational content of dividends with respect to future income. Thus, any increase in dividends would cause investors to raise the price of the shares, while a decrease would cause a corresponding decrease in the price of the shares.

7 0
3 years ago
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