According to Paul Rabil, the co-founder of the Premier Lacrosse League, an advantage of equity financing is creating strategic partnerships with financers who can offer other benefits to the company.
The value of a bond is equal to which of the following?
The value of a bond is equal to which of the following?
Below is the Dec 31, 2018 Balance Sheet for Everett Enterpri…
Below is the Dec 31, 2018 Balance Sheet for Everett Enterprises. Assume sales revenue for 2018 is $7 million. Assume capacity is at 100% in 2018, and that in 2019 sales are anticipated to increase 10% with a profit margin of 5 %. Everett’s forecasted 2019 retention ratio is 20%. Balance Sheet Dec. 31, 2018 Assets Cash 100,000 Accounts Receivable 500,000 Inventory 600,000 Current Assets 1,200,000 Net Fixed Assets 1,600,000 __________ ________ Total Assets 2,800,000 Liabilities and Equity Accounts Payable 325,000 Accruals 95,000 Notes Payable 205,000 Current Liabilities 625,000 LT Debt 1,000,000 Common Stock 950,000 Retained Earnings 225,000 _____________ ________ Total Liabilities and Equity 2,800,000 a. Use the AFN equation to determine the additional funding needed in 2019 in order to support the projected sales increase? b. How much of a sales increase could Everett Enterprises support without the need for external financing (Based on the AFN equation)? c. What will be the AFN if capacity is only 95% in 2018? d. What will be the following values on the projected balance sheet for 2019 based on the assumptions of the AFN equation but assuming 95% capacity instead of 100% capacity. Retained Earnings = Net Fixed Assets = Notes Payable =
There are three main compartments that oxygen is stored in:…
There are three main compartments that oxygen is stored in: the respiratory system, the blood, and body musculature. Marine mammals have different adaptations for each of these compartments. Using a marine mammal species for each example, explain the adaptations they have for these compartments to increase oxygen storage to facilitate diving.
Maxwell Coffee has sales of $8 million per year, all calling…
Maxwell Coffee has sales of $8 million per year, all calling for payment within 30 days, and its accounts receivable are $2 million. a. What is Maxwell’s Days Sales Outstanding (Round to 2 decimal places)? b. How much capital would be released if they could take action that led to on-time payments on average? c. How much would their cash conversion cycle be shortened if they achieved on-time payments on average?
Which of the following is true about purchasing bonds?
Which of the following is true about purchasing bonds?
What are some benefits of long-term ecological research proj…
What are some benefits of long-term ecological research projects? Discuss some of the results from either the work on Sea Otters OR the Dolphin-Tuna fishery interactions in your answer.
Using the examples of shelling vs sponge carrying dolphins i…
Using the examples of shelling vs sponge carrying dolphins in Shark Bay Australia, explain the difference between horizontal and vertical transmission of a skill such as tool use.
Maxwell Industries is estimating the effect on ROE of changi…
Maxwell Industries is estimating the effect on ROE of changing its current asset level in the coming year. Maxwell is considering decreasing its current assets to sales ratio of 48% to 46% while maintaining its debt-to-assets ratio at 70%. Assume that EBIT and Sales do not change when implementing this change. a. If Maxwell implements the decrease in the current assets to sales ratio, will Maxwell be pursuing a more relaxed or a more restrictive policy with respect to current assets? b. Assuming that Maxwell makes no other significant changes what effect will implementing the decrease in current assets have on ROE and why? c. Above we assume that EBIT does not change when we decease the current assets to sales ratio, which is unrealistic, what effect (Increase/Decrease) could such a decrease in current assets have on EBIT and why?
The thalamus and hypothalamus develop from the
The thalamus and hypothalamus develop from the