Business, 15.04.2020 23:15 ToriChristine
Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1-a. Calculate the current ratio for the past two years. (Round your answers to 2 decimal places.) 1-b. Did the current ratio improve or weaken in the more recent year? Improve Weaken 2-a. Calculate the acid-test (quick) ratio for the past two years. (Round your answers to 2 decimal places.) 2-b. Did the acid-test ratio improve or weaken in the more recent year? Improve Weaken 3. If American Eagle used $100 million in cash to pay $100 million in accounts payable, how would its current ratio and acid-test ratio change? (Round your answers to 2 decimal places.)
Answers: 3
Business, 22.06.2019 11:50
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.
Answers: 1
Business, 22.06.2019 20:20
Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.
Answers: 3
Business, 22.06.2019 20:20
Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine
Answers: 1
Business, 22.06.2019 23:00
How an absolute advantage might affect a country's imports and exports?
Answers: 2
Financial information for American Eagle is presented in Appendix A at the end of the book. Required...
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