Business, 11.03.2020 23:07, emileedehaas35
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $ 49,000 Cost 40,300 Taxable income $ 8,700 Taxes (22%) 1,914 Net income $ 6,786 Dividends $ 2,400 Addition to retained earnings 4,386 The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 2,950 Accounts payable $ 2,400 Accounts receivable 4,100 Notes payable 5,400 Inventory 6,400 Total $ 7,800 Total $ 13,450 Long-term debt $ 28,000 Owners’ equity Fixed assets Common stock and paid-in surplus $ 15,000 Net plant and equipment $ 41,300 Retained earnings 3,950 Total $ 18,950 Total assets $ 54,750 Total liabilities and owners’ equity $ 54,750 Prepare a pro forma balance sheet, assuming a sales increase of 15 percent, no new external debt or equity financing, and a constant payout ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) Calculate the EFN. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
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Business, 22.06.2019 03:50, haydenbell269
John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
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Business, 22.06.2019 10:10, travisvb
Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):
Answers: 1
Business, 22.06.2019 19:00, mairadua14
12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.
Answers: 1
Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Inc...
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