Question
Additional Funds Needed (AFN) for a firm will DECREASE if a company can:? Group of answer choices Lower profit margins Pay a higher dividend Pay
Additional Funds Needed (AFN) for a firm will DECREASE if a company can:?
Group of answer choices
Lower profit margins
Pay a higher dividend
Pay suppliers in 60 days rather than 30 days
Increase the capital intensity ratio
None of the above. Trick question. All increase AFN
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Question 532 pts
The income statement shows earnings before interest and taxes (EBIT), which is equal to?
Group of answer choices
Operating income, or gross margin less operating expenses, except interest and taxes
Equity before taxes minus interest
Operating income minus gross margin
Operating income plus interest and taxes
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Question 542 pts
A firm can produce sneakers and ship to Europe for $10.00 per unit. They require a 50% mark-up on the product. What should the sneakers sell for in Europe? ( / U.S. $ exchange ratio is 0.86).
Group of answer choices
$ 15.00
12.90
1,650
8.57
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