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Question - Broussard Skateboard's sales are expected to increase by 20% from $7.0 million in 2019 to $8.40 million in 2020. Its assets totaled $2 million at the end of 2019. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 7%, and the forecasted payout ratio is 75%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000.
Which statements is true of the Americans with Disabilities Acts? Impairments such as autisms and bipolar disorder are not covered as disabilities
As of December 31, year 2, Melvin still has not transferred title to the building, although it received title to boat. How Vivian and Melvin record transactions
The standard prime costs for one unit of Stylex are as follows: DM: 20 yards @ $1.35 per yard $27. Compute the Material variances and Labor variances
Identify a minimum of three risks associated with providing property condition reports. Outline the strategies you would recommend
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At the end of the sixth year, the account balance was transferred to a bank paying 10%, and annual deposits of $6,000 were made at the end of each year from the seventh through the tenth years. What was the account balance at the end of the tenth ..
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a state requires large merchants i.e. those with sales over a specified dollar amount to report and remit their sales
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