Will the company need any outside capital

Assignment Help Accounting Basics
Reference no: EM133043156

Question - John has a "TOTAL ASSETS" of $36,200 and "TOTAL LIABILITIES & EQUITY" of $36,200 and just invented a nonslip wig for cancer patients which he expects will cause sales to double from $10,000 to $20,000, increasing net income to $1,000. he feels that he can handles the increase without adding any fixed assets. Will the company need any outside capital if they pays no dividends and, if yes, how much?

Reference no: EM133043156

Questions Cloud

How many shares are outstanding : Question - The authorized share capital of the Alfred Cake Company is 150,000 shares. How many shares are outstanding
Discuss the effect of the amazon effect : Discuss the effect of the "Amazon Effect" on the workplace of the future
Develop a campaign to recruit : Imagine you are the head of human resources for a hospital system and you have been asked to develop a campaign to recruit a more diverse employee base.
Difference in healthcare cost between us-developed countries : Which of the following items represents the largest difference in healthcare cost between the US and other developed countries?
Will the company need any outside capital : John has a "TOTAL ASSETS" of $36,200 and "TOTAL LIABILITIES & EQUITY" of $36,200. Will the company need any outside capital
Concepts of business cultural diversity management : Imagine a scenario in which you are the administrator of a new company, and apply the concepts of Business Cultural Diversity Management that you consider most
Case study-employee and labor relations : The case studies (in weeks 3, 6 and 8) are intended to allow you to apply the lessons learned in the course to real-world situations. Theories are critical comp
Case-food and beverage service : You are the supervisor of the Food and Beverage Service Team and have just returned from your monthly management meeting.
What the carrying value of the trademark at December : Klaus purchased a trademark from Nikolai Co. for P1,280,000 on July 1, 2015. What the carrying value of the trademark at December 31, 2018

Reviews

Write a Review

Accounting Basics Questions & Answers

  Define costs and in the context of an insurance company

Define cost objects. Give four examples of cost objects from the case above. Explain why managers might be interested in knowing the costs?

  Explain what the calculation is saying

EPS analysis graph. PE ratio analysis. I want EPS analysis graph for the last 5 years or more and how does it look on a per year basis for both.

  Explain the estimate the sales growth rate for the company

Estimate the sales growth rate for the company for the next annual accounting period. Explain each step of your estimation process.

  Prepare the statement of cash flows of Fools Paradise Ltd

Dividend paid during the period $200,000. Prepare the statement of cash flows of Fool's Paradise Ltd for the year to 31 December 2019

  Prepare the journal entries to record transactions on books

Prepare the journal entries to record these transactions on the books of Blossom Company under a perpetual inventory system.

  What is fedexs strategy for success in the marketplace

what is fedexs strategy for success in the marketplace? does the company rely primarily on a customer intimacy

  Caruba company issued 300000 6 20-year bonds on january 1

caruba company issued 300000 6 20-year bonds on january 1 2012 at 103. interest is payable semiannually on july 1 and

  What entry would squirt make on its books

The common shares trade actively at $50 per common share. What entry would Squirt make on its books to record the transaction

  What are the benefits for employee pay method

What are the issues with this practice? What are the benefits? The state of Kansas passed legislation in 2007 that allowed employers to select their employee

  What is the carrying value of outstanding carlin corporation

What is the carrying value of the outstanding Carlin Corporation 5-year bonds on January 1, 2011? (Assume straight-line amortization.)

  How tropical tours report cash collected from customers of

Using the direct method for reporting cash ?ows from operating activities, Tropical Tours would report cash collected from customers of

  What is Russ and Linda total child credit

Their adjusted gross income for 2019 is $415,300. What is Russ and Linda's total child and other dependent credit for 2019

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd