Business, 30.07.2019 04:10, lcoronilla96
Owen’s electronics has nine operating plants in seven southwestern states. sales for last year were $100 million, and the balance sheet at year-end is similar in percentage of sales to that of previous years (and this will continue in the future). all assets (including fixed assets) and current liabilities will vary directly with sales. the firm is working at full capacity.
balance sheet (in $ millions)
assets liabilities and stockholders' equity
cash$ 2 accounts $15
accounts
accrued
current $45 current $25
fixed notes
common retained
total $85 total liabilities and stockholders' $85
owen's has an after tax profit margin of 7 percent and a dividend payout ratio of 40 percent. if sales grow by 10 percent next year, determine how many dollars of new funds are needed to finance the growth
Answers: 3
Business, 07.07.2019 21:00, erin2077
Answers: 1
Business, 23.07.2019 02:10, johnnyboy41706
Answers: 3
Business, 17.09.2019 05:30, JadaaJayy
Answers: 1
Business, 26.10.2019 03:43, bryanmcmillianjr
Answers: 1
Owen’s electronics has nine operating plants in seven southwestern states. sales for last year were...
Mathematics, 07.01.2021 19:50
Mathematics, 07.01.2021 19:50
Mathematics, 07.01.2021 19:50
English, 07.01.2021 19:50
Mathematics, 07.01.2021 19:50
Mathematics, 07.01.2021 19:50
Mathematics, 07.01.2021 19:50
Mathematics, 07.01.2021 19:50