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 25 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
Great answer, keep it coming :)

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

How to transform any rectangular equation to polar form How to transform any rectangular equation to polar form
Climate of Latin America Climate of Latin America
How to solve any rational equation by factoring (Part 1) How to solve any rational equation by factoring (Part 1)
How to analyze transformations of a quadratic equation that is in vertex form How to analyze transformations of a quadratic equation that is in vertex form
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Clinical Laboratory Microbiology: A Practical Approach Clinical Laboratory Microbiology: A Practical Approach
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library