Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please do it its urgent A Calgary firm has current sales of $1,465,000 and is operating at 90% of its fixed asset capacity. How tast

please do it its urgent image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
A Calgary firm has current sales of $1,465,000 and is operating at 90% of its fixed asset capacity. How tast can them grow before any new fede needed? Select one O a 14.40% Ob 11.11% O c 13.00% O d. 14 94% Cash Stone Roses Co. Balance Sheet 350ccounts payatile 5150Notes payable 3100 100 Triventory Fbed assets 350 250 SGO Long-term del Equity $800 Total liabilities & equity Total assets 5800 Stone Roses Co. Income statement Salas Costs 3000 000 $200 60 $132 EBT Taxes (34%) Net income Suppose the firm retains 28% of earnings, while assets and costs maintain a constant percentage of sales. It the firm is producing at tull capacity, what is the internal growth rate? Luka invests $500 in an account that puys 5% simple interest. How much more could he have earned over a thirty year period of the Interest had compounded annually Select one: a $1,348.03 b. $910 97 O c 51,471.75 O d. 5878.98 Jacob Company has current sales of $139,900 and a profit margin of 8%. The firm estimates that sales will increase by 5% next year and that all costs will vary in direct proportion to sales. What is the pro forma net income? Select one: O a. S11,556 48 O b. $12,629.32 O c. 511,667.50 Od $12,660.55 A new firm issued $350 in common stock. At the end of the first year, the firm had total assets of $1100 and total debt of 550 What was the amount of niet income for the first year, assuming the firm paid no dividends? Select one: O a-S200 (a loss) O b. $1200 O c. 5700 O d. 5200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accountability Ethics And Sustainability Of Organizations

Authors: Sandro Brunelli, Emiliano Di Carlo

3rd Edition

3030311929, 9783030311926

More Books

Students also viewed these Accounting questions