subject
Business, 04.09.2020 14:01 ja3698198

Philip Morris expects the sales for his clothing company to be $530,000 next year. Philip notes that net assets (Assets − Liabilities) will remain unchanged. His clothing firm will enjoy a 10 percent return on total sales. He will start the year with $130,000 in the bank. What will Philip's ending cash balance be?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 15:20
Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.
Answers: 3
question
Business, 22.06.2019 20:20
Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.
Answers: 3
question
Business, 22.06.2019 20:30
Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.
Answers: 3
question
Business, 23.06.2019 04:20
What common business mistake can cost you everything
Answers: 1
You know the right answer?
Philip Morris expects the sales for his clothing company to be $530,000 next year. Philip notes that...
Questions
question
Biology, 14.09.2020 17:01
question
English, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
History, 14.09.2020 17:01
question
English, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
Social Studies, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
English, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
French, 14.09.2020 17:01
question
English, 14.09.2020 17:01
question
English, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
Chemistry, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
question
Mathematics, 14.09.2020 17:01
Questions on the website: 13722363