Sambonoza Enterprises projects its sales next year to be ​$7 million and expects to earn 4 percent of that amount after taxes. The firm is currently in the process of projecting its financing needs and has made the following assumptions​ (projections): a. Current assets will equal 19 percent of​ sales, and fixed assets will remain at their current level of ​$1 million.
b. Common equity is currently ​$.70 ​million, and the firm pays out half of its​ after-tax earnings in dividends.
c. The firm has​ short-term payables and trade credit that normally equal 10 percent of​ sales, and it has no​ long-term debt outstanding.

Required:
What are​ Sambonoza's financing needs for the coming​ year?​

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)

If a government accumulates chronic budget deficits over time, what's one possible result? a. a collective action problem b. a debt crisis c. regulatory capture d. an unfunded liability