Required: 1. Apply the percent-of-sales method to determine whether ABC needs external finance.
2. What will be the case if the company decided to reduce dividends to $10,000?
3. Based on original data, prepare the proforma balance sheet.

Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate

Which of the following is considered part of a country’s infrastructure?