Answers: 3
Business, 22.06.2019 19:30
Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%
Answers: 3
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
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Business, 23.06.2019 08:00
Wriston company is preparing its cash budget for the upcoming month. the beginning cash balance for the month is expected to be $15,000. budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. wriston company wants to have an ending cash balance of $30,000. the excess (deficiency) of cash available over disbursements for the month would be
Answers: 2
Business, 23.06.2019 13:00
Money management refers to: question 1 options: preparing personal financial statements. day-to-day financial activities. storing financial records for easy access. spending money on current living expenses.
Answers: 1
"buy a stock if its price moves up by 2% more than the dow average" is an example of a . trading rul...
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