Business, 14.11.2019 02:31, ninaaforever
Carter corporation's sales are expected to increase from $5 million in 2012 to $6 million in 2013, or by 20%. its assets totaled $3 million at the end of 2012. carter is at full capacity, so its assets must grow in proportion to projected sales. at the end of 2012, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. the after-tax profit margin is forecasted to be 4%.
assume that the company pays no dividends.
under these assumptions, what would be the additional funds needed for the coming year? write out your answer completely. for example, 5 million should be entered as 5,000,000. round your answer to the nearest cent.
$
why is this afn different from the one when the company pays dividends?
under this scenario the company would have a higher level of retained earnings, which would reduce the amount of additional funds needed.
under this scenario the company would have a higher level of retained earnings, which would reduce the amount of assets needed.
under this scenario the company would have a higher level of spontaneous liabilities, which would reduce the amount of additional funds needed.
under this scenario the company would have a lower level of retained earnings, which would increase the amount of additional funds needed.
under this scenario the company would have a lower level of retained earnings, which would decrease the amount of additional funds needed.
Answers: 3
Business, 21.06.2019 21:00, JamierW2005
Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.
Answers: 3
Business, 22.06.2019 08:00, champ1135
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
Business, 22.06.2019 15:00, swansondonovanp66got
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
Carter corporation's sales are expected to increase from $5 million in 2012 to $6 million in 2013, o...
Social Studies, 16.09.2019 01:50
History, 16.09.2019 01:50
Mathematics, 16.09.2019 01:50