Assets must grow in proportion to sales
Acme Motors' assets were P650, 000 at the end of 2005, and its sales were P500, 000 for the year. For 2006, sales are expected to grow by 30%, and since Acme is operating at full capacity, its assets must grow in proportion to sales.
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It now requires 5 days on average to process the checks. A lock box system will reduce the process time by 2 days (2 days saved) and will cost $330,000. If the firm's cost of capital is 8%, should they implement the lock box system?
He also purchased five of John's mature banana trees for 30 clamshells each. What is the GDP of George's and John's island in terms of clamshells?
Joe does taxes for his clients and brags about how he always makes his clients happy by under promising and over delivering. When asked what he means by this he tells us that he estimates what a client will have to pay or get back and then gives t
It believes that it can reduce its average inventory to $863,000. Assume a 365-day year and that sales will not change. By how much must the firm also reduce its accounts receivable to meet its goal of a 10-day reduction in its cash conversion cyc
Used music CDs rise in price from $7 to $8, and total revenue falls from $700 to $640. Is the demand curve over this range elastic or inelastic? Why?
The manager of the factory plans to buy two machines A and scrap his old machines . Is it a good idea? What other options might be better? What is the profit-maximizing decision here? The opportunity cost of capital is 8%.
Assume the same facts as part a. except that the warrants had a fair value of $30. Prepare the entry to record the issuance of bonds and warrants.
What was the prospective stock price after the issue? What was the value of one right to buy new shares?
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