Younbsp have been running your small business crafts boat

Assignment Help Finance Basics

Reference no: EM13393362

You have been running your small business, Craft's Boat Shop, for several years now and have been very successful. You have come to the point where you expect sales to increase next year and want to be sure that you have enough assets available to support your sales. You also need to have the financing available to acquire those assets, if needed.

Accordingly, you have gathered the following data:

Craft's Boat Shop
Sales Last Year	$1,000,000
Assets at the End of Last Year	750,000
Accounts Payable	60,000
Notes Payable	60,000
Accruals	30,000
Profit Margin on Sales	5%
Dividend Payout

Reference no: EM13393362

Questions Cloud

Examine both the positive and negative effects that the : 1. use the internet to research a company that has been involved in a product liability lawsuit within the last five 5

Construct a comparative balance sheet for contemporary wood : charles royston was checking the year- end balances for his wood furniture manufacturing and retail business and was

Discuss how a companys growth can outpace current controls : explain how a companys growth can outpace current controls and provide an expanded example.describe a common fraud

Application paper what makes a top 100 hospital your : application paper what makes a top 100 hospital? your assignment is to visit the website of one of the top 100

Younbsp have been running your small business crafts boat : younbsp have been running your small business crafts boat shop for several years nownbsp and have been very

Yu were just hired to work on training manuals for a : you were just hired to work on training manuals for a multimillion-dollar retail company that produces ski equipment

Your fast-food franchise has been cleared for business in : your fast-food franchise has been cleared for business in all 4 countries united arab emirates israel mexico and china.

Has united states become more or less economically free : has the united states become more or less economically free during the past decade? what impact will this have on the

What must be the map coordinates of the new factory graph : a manufacturer of oak barrels has factories in an area at the location coordinates provided in the following table.

User Account

All Pages