Business, 22.07.2019 18:10 brittanyskipper1738
Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,100, current liabilities of $6,200, net fixed assets of $51,500, and a profit margin of 5 percent. the firm has no long-term debt and does not plan on acquiring any. the firm does not pay any dividends. sales are expected to increase by 3 percent next year. if all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year?
Answers: 2
Business, 22.06.2019 02:30, kseniyayakimno
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
Business, 22.06.2019 22:20, jaylaa04
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,1...
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