Home / Questions / The most recent financial statements for Reply, Inc., are shown here: Income Statement Bal
The most recent financial statements for Reply, Inc., are shown here: Income Statement Balance Sheet Sales $ 33,900 Assets $ 56,800 Debt $ 22,400 Costs 24,800 Equity 34,400 Taxable income $ 9,100 Total $ 56,800 Total $ 56,800 Taxes (40%) 3,640 Net income $ 5,460 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,600 was paid, and the company wishes to maintain a constant payout ratio. Next year’s sales are projected to be $40,680. What is the external financing needed? (Do not round intermediate calculations.)
External financing needed $___
Dec 02 2019 View more View Less
Be sure to answer all parts. The reaction between aluminum and iron(III) oxide can generate temperatures approaching 3000°C and is used in welding metals: 2A1+F2,03 + AlO...
May 17 2021The political business cycle refers to the possibility that:A. incumbent politicians will be reelected regardless of the state of the economy.B. politicians will manipula...
Apr 26 2021What are your thoughts about the value (or lack of value) of using measures of physiological response such as the galvanometer?2. Turn to and inspect the row in that tabl...
Jul 31 20201 En=120 = 1 Select one: O True O False
Apr 26 2021The law of diminishing marginal returns shows the relationship betweenA. inputs and outputs for a firm in the short run.B. inputs and outputs for a firm in the long run.C...
May 06 2021During July 2014, Micanopy, Inc., sold 500 units of its product Empire for $8,000. The following units were available: A sale of 500 units was made after purchase 3. Of...
May 12 2020When a firm's corporate office helps subsidiaries make wise choices in their own acquisitions, divestures, and new ventures, it is called___________. (A) Restructuring ...
Mar 23 2018What is described by the Mnemonic SHRA? (a)Arithmetic shift left (b)Logical shift right (c)Logical shift left (d)Circular shift right (e)Arithmetic shift right.
Jan 06 2018People are willing to buy insurance because of:A)risk aversion.B)the status quo.C)the miscalculation of opportunity costs.D)bounded rationality.
Jun 09 2021The production process of the firm you manage uses labor and capital. How does the long-run expansion path change when the wage increases while the rental rate of capital...
May 11 2020