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Broussard Skateboard's sales are expected to increase by 25% from $8.4 million in 2016 to $10.50 million in 2017. Its assets totaled $4 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, 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 6%, and the forecasted payout ratio is 75%. What would be the additional funds needed? Do not round intermediate calculations. Round your answer to the nearest dollar.
Assume that r = 18% per year compounded monthly, what is the value of each withdrawn?
defined benefit pension plan and cash balance pension plan
In your opinion, was the result reached by the courts "fair" in this case?
What is your monthly payment? How much of your 20th payment is payment of principal? what was the total amount of interest you paid?
hat is the arithmetic return for the stock? What is the geometric return for the stock?
The HDD machine will include an innovative pipeloader design and a maneuverable undercarriage system.
The Charvon oil company is planning to make a large investment in coal-to-liquids (CTL) gasoline.
Calculate the size of the payments using six months as the focal date. round to the nearest cent.
Morton notes that the $55,000 in the single premium life insurance policy would grow to $176,392 in 20 years for a return of 6% a year.
How much should you deposit each quarter? How much total money will you put into the account?
A prospective MBA student earns $60,000 per year in her current job and expects that amount to increase by 13% per year. She is considering leaving her job to attend business school for two years at a cost of $40,000 per year. What is the net present..
Mills Mining is considering an expansion project. The proposed project has the following features.
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