Business, 09.06.2020 20:57, cammiecam49
Consider the following potential events that might have occurred to Global on December 30, 2013. For each one, indicate which line items in Global's balance sheet would be affected and by how much. Also indicate the change to Global's book value of equity.
a. Global used $ 19.3 million of its available cash to repay $ 19.3 million of its long-term debt.
b. A warehouse fire destroyed $ 4.9 million worth of uninsured inventory.
c. Global used $ 5.1 million in cash and $ 5.2 million in new long-term debt to purchase a $ 10.3 million building.
d. A large customer owing $ 2.8 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.
e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 45 % . f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 21:00, libi052207
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
Answers: 3
Business, 22.06.2019 14:40, robert7248
Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.
Answers: 3
Business, 22.06.2019 22:00, lizdeleon248
Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.
Answers: 3
Business, 23.06.2019 12:30, kkruvc
Ricardo is sure he has what it takes to succeed in the food business, but because he lacks management experience, he wants one that will provide the most training and support. which of these possibilities would be his best choice? a. subway b. old macdonald's bed and breakfast c. fuzzy's tavern d. ricardo's café
Answers: 1
Do you know the correct answer?
Consider the following potential events that might have occurred to Global on December 30, 2013. For...
Questions in other subjects:
Chemistry, 24.10.2020 14:20
Biology, 24.10.2020 14:20
History, 24.10.2020 14:30
English, 24.10.2020 14:30
