Broussard Skateboard's sales are expected to increase by 15% from $7.6 million in 2016 to $8.74 million in 2017. Its assets totaled $5 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 7%. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar.
_________________$
Why is this AFN different from the one when the company pays dividends?
I. Under this scenario the company would have a higher level of
retained earnings which would reduce the amount of additional funds
needed.
II. Under this scenario the company would have a higher level of
retained earnings which would increase the amount of additional
funds needed.
III. Under this scenario the company would have a higher level of
retained earnings but this would have no effect on the amount of
additional funds needed.
IV. Under this scenario the company would have a lower level of
retained earnings which would reduce the amount of additional funds
needed.
V. Under this scenario the company would have a lower level of
retained earnings but this would have no effect on the amount of
additional funds needed.
In: Finance
Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $2 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%
a. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. $
b
Why is this AFN different from the one when the company pays dividends?
I. Under this scenario the company would have a lower level of retained earnings, which would increase the amount of additional funds needed.
II Under this scenario the company would have a lower level of retained earnings, which would decrease the amount of additional funds needed.
III Under this scenario the company would have a higher level of retained earnings, which would reduce the amount of additional funds needed
IV Under this scenario the company would have a higher level of retained earnings, which would reduce the amount of assets needed
v Under this scenario the company would have a higher level of spontaneous liabilities, which would reduce the amount of additional funds needed.
In: Finance
Broussard Skateboard's sales are expected to increase by 20%
from $8.0 million in 2016 to $9.60 million in 2017. Its assets
totaled $4 million at the end of 2016. Broussard is already at full
capacity, so its assets must grow at the same rate as projected
sales. At the end of 2016, current liabilities were $1.4 million,
consisting of $450,000 of accounts payable, $500,000 of notes
payable, and $450,000 of accruals. The after-tax profit margin is
forecasted to be 6%. Assume that the company pays no dividends.
Under these assumptions, what would be the additional funds needed
for the coming year? Do not round intermediate calculations. Round
your answer to the nearest dollar.
$
Why is this AFN different from the one when the company pays
dividends?
I. Under this scenario the company would have a
higher level of retained earnings which would increase the amount
of additional funds needed.
II. Under this scenario the company would have a
higher level of retained earnings but this would have no effect on
the amount of additional funds needed.
III. Under this scenario the company would have a
lower level of retained earnings which would reduce the amount of
additional funds needed.
IV. Under this scenario the company would have a
lower level of retained earnings but this would have no effect on
the amount of additional funds needed.
V. Under this scenario the company would have a
higher level of retained earnings which would reduce the amount of
additional funds needed.
In: Finance
4.) Determine whether the following probability experiment is a binomial experiment. If the probability experiment is not a binomial experiment, state why?
a.) In a town with 400 citizens, 100 randomly selected citizens are asked to identify their religion. The number who identify with a Christian religion is recorded.
b.) An experiment is conducted in which a single die is cast until a 3 comes up. The number of throws required is recorded.
In: Statistics and Probability
Visit the Stanford Prison Experiment website to learn more about this famous experiment. The website has slides and movies of the experiment, which were done very realistically. You will also see how an elaborate psychological experiment was conducted, and why, and its ethical limits. Write a paper of 250-500 words in which you summarize and describe this experiment. http://www.prisonexp.org
In: Psychology
Dr. George E. Beeper is a single taxpayer born on September 22, 1968. He lives at 45 Mountain View Dr., Apt. 321, Spokane, WA 99210. Dr. Beeper's Social Security number is 775-88-9531. Dr. Beeper works for the Pine Medical Group, and his earnings and income tax withholding for 2016 are:
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Dr. Beeper owns a rental house located at 672 Lake Street,
Spokane, WA 99212. The house rents for $1,000 per month and was
rented for the entire year. The following are the related expenses
for the rental house:
|
The house was purchased on July 5, 1981. Dr. Beeper handles all rental activities (e.g., rent collection, finding tenants, etc.) himself.
During May 2016, Dr. Beeper received the following Form 1099-R:
| ? CORRECTED (if checked) | |||||||||||||
| PAYER'S
name, street address, city or town, state or province, country, and
ZIP or foreign postal code
Elm Medical Group |
|
OMB No.
1545-0119 2016 Form 1099-R |
Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. | ||||||||||
|
|||||||||||||
|
Total distribution ? |
Copy B Report this income on your federal tax return. If this form shows federal income tax withheld in box 4, attach this copy to your return. This information is being furnished to the Internal Revenue Service. |
|||||||||||
| PAYER'S federal identification number | RECIPIENT'S identification number |
|
|
||||||||||
| 44-4324567 | 775-88-9531 | $ |
|
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| RECIPIENT'S name George E. Beeper Street address (including apt. no.) 45 Mountain View Drive City or town, state or province, country, and ZIP or foreign postal code Spokane, WA 92210 |
|
|
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|
|
% | |||||||||||
|
|
||||||||||||
|
11 1st year of desig. Roth contrib. | FATCA filing requirement | 12State tax withheld $ |
|
14 State distribution $ |
||||||||
| $ | ? | $ | $ | ||||||||||
| Account number (see instructions) |
15 Local tax withheld | 16 Name of locality | 17 Local distribution $ |
||||||||||
| $ | |||||||||||||
| Form 1099-R | www.irs.gov/form1099r | Department of the Treasury - Internal Revenue Service |
Dr. Beeper was divorced in 2011. The divorce decree requires Dr. Beeper to pay his ex-wife, Meredith Gray (Social Security number 333-45-1234), $2,000 per month. Dr. Beeper made all his monthly alimony payments in 2016.
Click here to access the tax table to use for this problem.
Required:
Complete Dr. Beeper's federal tax return for 2016. Use Form 1040, Schedule E, and Form 8582 to complete this tax return. Do not complete Form 4562 for reporting depreciation. Make realistic assumptions about any missing data.
If an amount box does not require an entry or the answer is zero, enter "0".
In: Accounting
DNA experiment
The Hershey-Chase experiment confirmed the results that Avery published.
Diagram and explain the Hershey-Chase Experiment.
In: Biology
Research Project on Faithfulness and Committed Relationships in College
#1. Can you complete the following on now deciding which two articles seem the most interesting/relevant to you about your research topic (above) using psychINFO (apa.org)and read those. Put the empirical articles references (citation)for the article you are summarize in APA style.
a) Describe, in several sentences, what are the main points given in the introduction of the article?
In one or two sentences – summarize the main point of what the author(s) is saying in the intro regarding what past research on the topic has found.
Then, in one or two sentences – summarize the main point of what
the author(s) is saying in the intro regarding what past research
has yet to examine on the topic as well as the purpose of the
topic.
Then, where applicable – give the researcher’s hypothesis?
(Whenever the researcher gives an actual hypothesis, be sure to
summarize the actual hypothesis)
Describe, in several sentences, what are main points given in the method section of the article?
Describe, in several sentences, what are the main points given in the results section of the article? Be sure that you give the main results that relate to the hypothesis --- where applicable.
Describe, in several sentences, what are the main points given in the discussion of the article? What future research does the author(s) suggest?
In: Psychology
In: Advanced Math
|
Obese |
Not obese |
Total |
|
|
SSB consumer |
125 |
125 |
250 |
|
Non-SSB consumer |
250 |
500 |
750 |
|
Total |
375 |
625 |
1000 |
In: Statistics and Probability