Business, 05.11.2019 08:31 blancademarco1994
Use the following information to answer this question. windswept, inc. 2017 income statement ($ in millions) net sales $ 11,400 cost of goods sold 8,150 depreciation 440 earnings before interest and taxes $ 2,810 interest paid 108 taxable income $ 2,702 taxes 946 net income $ 1,756 windswept, inc. 2016 and 2017 balance sheets ($ in millions) 2016 2017 2016 2017 cash $ 320 $ 350 accounts payable $ 1,950 $ 2,022 accounts rec. 1,190 1,090 long-term debt 1,110 1,393 inventory 2,120 1,805 common stock 3,440 3,070 total $ 3,630 $ 3,245 retained earnings 690 940 net fixed assets 3,560 4,180 total assets $ 7,190 $ 7,425 total liab. & equity $ 7,190 $ 7,425 what is the equity multiplier for 2017?
Answers: 3
Business, 22.06.2019 12:50
There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration
Answers: 2
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
Business, 22.06.2019 22:20
Which of the following is one disadvantage of renting a place to live compared to buying a home? a. tenants have to pay for all repairs to the building. b. the landlord covers the expenses of maintaining the property. c. residents can't alter their living space without permission. d. rent is generally more than monthly mortgage payments.
Answers: 1
Business, 23.06.2019 06:10
Which steps would you take to determine how much an employee should be paid? select all that apply. determine the number of hours the employee was scheduled to work. determine the number of hours the employee worked. determine whether the employee worked overtime hours. determine whether any of the days worked are holidays that receive holiday overtime payment rates. determine the hourly rate this employee earns. determine whether this is a new employee.
Answers: 1
Use the following information to answer this question. windswept, inc. 2017 income statement ($ in m...
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