Business, 04.08.2019 21:30 landofliam30
Orange & sons recently reported sales of $100 million, and net income equal to $5 million. the company has $70 million in total assets. over the next year, the company is forecasting a 20 percent increase in sales. since the company is at full capacity, its assets must increase in proportion to sales. the company also estimates that if sales increase 20 percent, spontaneous liabilities will increase by $2 million. if the companys sales increase, its profit margin will remain at its current level. the companys dividend payout ratio is 50 percent. based on the afn formula, how much additional capital must the company raise in order to support the 20 percent increase in sales? select one: a. $ 2.0 million b. $ 3.0 million c. $ 8.0 million d. $ 9.0 million e. $11.0 million
Answers: 1
Business, 22.06.2019 20:20
Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.
Answers: 2
Business, 22.06.2019 23:30
Which statement best describes the two reactions? abcl, + h2 → 2hci2h + h = he + inreaction a involves a greater change, and reaction b involves a change in element identity.reaction b involves a greater change and a change in element identityreaction a involves a greater change and a change in element identity.reaction b involves a greater change, and reaction a involves a change in element identity.
Answers: 1
Business, 23.06.2019 00:00
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?
Answers: 3
Orange & sons recently reported sales of $100 million, and net income equal to $5 million. the...
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