Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 17, 2024

total liab. 169000. equity 245000. 23000 shares at 12.70 per share. requires max to debt ratio .7. what is max additional amount can borrow after

total liab. 169000. equity 245000. 23000 shares at 12.70 per share. requires max to debt ratio .7. what is max additional amount can borrow after additional stock issued?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Designing Cost Management Systems To Support Business Decision-MakingIndustry Inspired Case Studies

Authors: Pieter Buys

1st Edition

9811617503, 9789811617508

More Books

Students also viewed these Accounting questions

Question

★★★★★

Kathy Shorts, president of Oliver Company, was concerned with the trend in sales and profitability. The company had been losing customers at an alarming rate. Furthermore, the company was barely...

Answered: 1 week ago

Question

★★★★★

Is it acceptable to commit an ethical breach to accomplish a social goal? P-6523

Answered: 1 week ago

Question

★★★★★

What are the short- and long-term effects of stress on the body?

Answered: 1 week ago

Question

★★★★★

Consider the following data for two products of Rowena Manufacturing. Required 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for...

Answered: 1 week ago

Question

★★★★★

Need Solution Urgent ..Cash flows for the project....From Second Picture Question starts... ... Electronics Unlimited (EU)was considering the introduction of a new product that had 5 years of life...

Answered: 1 week ago

Question

★★★★★

The ability of a business to generate positive cash flows from______ upon its ability to generate cash from_______ a investing activities, operations b operating activities, investment c financing...

Answered: 1 week ago

Question

★★★★★

21. Data: S0 = 100; X = 110; 1 + r = 1.1. The two possibilities for ST are 150 and 80. Calculate the value of a call option on the stock with an exercise price of 110. (Do not use continuous...

Answered: 1 week ago

Question

★★★★★

Car expenses using logbook and expense data Rory derives business income from a retail cosmetics store. On 1 October 2023, Rory bought a Mercedes for $38,340. Its effective life is eight years. Rory...

Answered: 1 week ago

Question

★★★★★

An analyst for Bloom Ltd, gathered the following information with regards to futures contract: Current spot-market price of R60 Risk-free interest rate of 8.87% per annum The six-month future...

Answered: 1 week ago

Question

★★★★★

Case 2: Maria Sosa is selling a 2015 Nissan Verson SV to Juan Rodriguez for RD$400,000.00 pesos. Juan Rodriguez tells her that he will pay Mrs. Sosa in cash. Analyze the case and then answer: Can Mr....

Answered: 1 week ago

Question

★★★★★

It is estimated that 28% of all adults in the United States invest in stocks and that 83% of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also...

Answered: 1 week ago

Question

★★★★★

=+4. To what extent do you think there is a business model for microfinance in the developed economies?

Answered: 1 week ago

Question

★★★★★

=+What do you think about the CDFI Fund, establish in 1994?

Answered: 1 week ago

Question

★★★★★

=+3. Have a look at the article Community Investing Pays181 on the Socialfunds.com Web site (http://www.socialfunds.com/news/article. cgi/article945.html). Does the author make a convincing case that...

Answered: 1 week ago

Previous Question Next Question