This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: CN Railways is North America's fifth largest railway. Use the equation approach and CN's financial ... (Read 29 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Apr 25, 2021
CN Railways is North America's fifth largest railway. Use the equation approach and CN's financial information for Year 10 to calculate additional funds needed (AFN) in Year 11.

Selected Financial Statement Values and Ratios
CN Railway Company 
As of December 31, Year 10 ($ millions)
Total Assets$18,924
Fixed Assets16,898
Assets that Change with Sales18,061
Total Revenues (Year 10)6,110
Total Revenues (Year 11)6,721
Change in Revenues611
Total Liabilities12,297
Liabilities that Change with Sales2,134
Profit Margin9.35%
Dividend Payout Ratio0%

◦ $64 million
◦ $165 million
◦ $342 million
◦ $580 million
◦ $965 million
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by abern on Apr 25, 2021

nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


abern

  • Member
  • Posts: 533
Reply 2 on: Apr 25, 2021
Wow, this really help

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

The spotted wobbegong is the largest wobbegong shark, reaching a length of around 3 m The spotted wobbegong is the largest wobbegong shark, reaching a length of around 3 m
California sea lions are common prey for mammal-eating killer whales on the west coast of North Amer California sea lions are common prey for mammal-eating killer whales on the west coast of North Amer
Map of Mars from Hubble Space Telescope as seen near the 1999 opposition. (North top) Map of Mars from Hubble Space Telescope as seen near the 1999 opposition. (North top)
Coal Strip Mining in North Dakota Coal Strip Mining in North Dakota
How to determine if a quadratic equation has a maximum or minimum when given the roots How to determine if a quadratic equation has a maximum or minimum when given the roots
The position of an object that is oscillating on a spring is given by the equation x = (18.3 ... The position of an object that is oscillating on a spring is given by the equation x = (18.3 ...
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library