In conjunction with their analysis of capital projects (for example, a new manufacturing facility, or branch store or fleet of planes), financial managers must determine how the company will fund the approved projects. Financial managers review each project's estimated capital costs and forecasted cash flow projections and develop an estimate of the Additional Funding Needed (AFN), AFN is best described by which of the following statements? A. The proportion of the firm's camings retained to finance business expansion
B. The funding obtained by routine business transactions with the company's vendors.
C. The total amount needed to do all the company's proposed capital projects in the upcoming year.
D. The total cost amount of the approved capital projects in excess of what can be funded from retained earnings or spontaneously generated funds (e. g., financing from vendors).

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow