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Question - Using the company's Income Statement and Balance Sheet: Income Statement Balance Sheet
Sales $4,700 Assets $15,300 Debt $10,300
Costs 3,440 Equity 5,000
Net income $1,260 Total $15,300 Total $15,300
Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,958.
Required - What is the external financing needed (EFN)? Hint: First calculate the percentage increase in sales - and remember your assets will increase by this percentage amount.
how do you find the income before extraordinary items?all i am given is the extraordinary gain is 3000000 -net
younger bus lines uses the units-of-activity method in depreciating its buses. one bus was purchased on january 1 2010
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When firms like Home Depot and Target become prime targets by hackers, the attack themselves become front-page news. Firms like these have invested a ton of financial and non-financial resources to prevent such an attack,
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