Investment banking is changing dramatically into an industry where (a)investment bankers are using larger syndicates to distribute initial public offerings. (b)investment bankers are becoming increasingly larger so that they can take on more risk and have less need for large syndicates. (c)investment bankers don't need a distribution network because most new issues are sold directly to institutional investors. (d)new investment banking firms are being established to deal with the increasing number of companies looking for capital

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be: