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

Author Question: A company expects sales to increase during the coming year, and it is using the AFN equation to ... (Read 93 times)

ahunt13

  • Full Member
  • ***
  • Posts: 157
on: Aug 7, 2023

Question 1

A Canadian firm has net income of $15,000 on sales of $70,000, fixed assets of $92,000, and total assets of $145,000. The firm retains 65% of its earnings. If the firm is operating at 80% capacity, what are the full capacity sales?

◦

$80,000


◦

$83,000


◦

$87,500


◦

$90,000



Question 2

A company expects sales to increase during the coming year, and it is using the AFN equation to forecast the additional capital that it must raise. Which of the following conditions would cause the AFN to decrease?

◦

The company increases its dividend payout ratio.


◦

The company begins to pay employeesmonthly bonuses instead of quarterly.


◦

The company previously thought its fixed assets were being operated at full capacity, but now it learns that it actually has excess capacity.


◦

The company’s profit margin decreases.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahunt13 on Aug 7, 2023

gyvette

  • Full Member
  • ***
  • Posts: 196
Reply #1 on: Aug 7, 2023
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 25% of students answer this correctly


ahunt13

  • Member
  • Posts: 157
Reply 2 on: Aug 7, 2023
:D TYSM

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« 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?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period
The Increase in Divorce The Increase in Divorce
How to determine an equation in factored form from a graphed parabola How to determine an equation in factored form from a graphed parabola
Foods for Baby’s First Year Foods for Baby’s First Year
Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ... Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ...
New year kid drawing New year kid drawing
Video: Asthma Treatment

For a complete list of videos, visit our video library