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You may need to refer to the COMP-XM INQUIRER to find information relating to the following questions: http://ww2.capsim.com/cgi-bin/CpCGIReports2011.exe?studentKey=1282536&simid=C59559&round=7&Report=CapCourier|AnnReport 1. The Andrews company currently has the

You may need to refer to the COMP-XM INQUIRER to find information relating to the following questions: http://ww2.capsim.com/cgi-bin/CpCGIReports2011.exe?studentKey=1282536&simid=C59559&round=7&Report=CapCourier|AnnReport

1. The Andrews company currently has the following balances in their equity accounts:

Common Stock $15,509 Retained earnings $66,491 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?

a. $61,809
b. $96,791
c. $98,000
d. $82,000

2.

Of Digby Corporations products, which earned the highest Net Margin as a percentage of its sales?
Select: 1

a. dot

b.dart

c. dixie

d. dune

3. Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's bond early.
Select: 1
a. $15,841,880

b. $14,008,592

c. $14,665,611

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