Business, 19.02.2021 17:00 alexis3744
The most recent financial statements for Live Co. are shown here:
Income StatementBalance Sheet
Sales$4,800 Current assets$5,102 Debt$10,201
Costs
3,168
Fixed assets12,491 Equity7,392
Taxable income$1,632 Total
$17,593
Total
$17,593
Taxes (34%)555
Net income
$1,077
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible.
Required:
What is the internal growth rate?
A. 4.48%
B. 4.58%
C. 4.38%
D. 11.36%
E. 1.87%
Answers: 2
Â
Another question on Business
Business, 21.06.2019 16:20
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 3
Business, 21.06.2019 20:20
Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.
Answers: 2
Business, 21.06.2019 23:10
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
Answers: 2
Business, 23.06.2019 00:00
How did the change in textile production affect employment in spinning and weaving for adults and children?
Answers: 1
You know the right answer?
The most recent financial statements for Live Co. are shown here:
Income StatementBalance Sheet
Questions
Mathematics, 31.03.2020 00:44
Mathematics, 31.03.2020 00:44
Mathematics, 31.03.2020 00:44
