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 11 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
YES! Correct, THANKS for helping me on my review

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
How to fully analyze the standard and factored form of a quadratic equation (Question 2) How to fully analyze the standard and factored form of a quadratic equation (Question 2)
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that
Solve the following Logarithmic equation, if log(x-y/3)=1/2(logx+logy), Solve the following Logarithmic equation, if log(x-y/3)=1/2(logx+logy),
New year kid drawing New year kid drawing
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library