ABC Products sales are expected to increase by 20% from $5 million in 2009 to $6 million in 2010. Its assets totaled $3 million at the end of 2009. ABC is at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2009, current liabilities were $1million consisting of $250,000 in accounts payables, $500,000 in notes payables and $250,000 in accruals. The after-tax profit margin is forecasted to be 5% and the forecasted payout ratio is 70%. Use the AFN formula to forecast ABC Products funds needed for the upcoming year.

What is credit and debit in accounting

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below. a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample. assume=0.05. what are the null and alternative hypotheses? choose the correct answer below. b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?