Consider the following simplified financial statements for the yoo corporation (assuming no income taxes): income statement balance sheet sales $ 30,900 assets $ 25,450 debt $ 6,950 costs 23,060 equity 18,500 net income $ 7,840 total $ 25,450 total $ 25,450 the company has predicted a sales increase of 12 percent. it has predicted that every item on the balance sheet will increase by 12 percent as well. create the pro forma statements and reconcile them.

How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan

Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing