A firm has prepared the coming year's pro forma balance sheet resulting in a plug figure in a preliminary statement—called the external financing required—of negative $250,000. The firm may prepare to ________.
A) sell common stock totaling $250,000
B) arrange for a loan of $250,000
C) do nothing; the balance sheet balances
D) invest in marketable securities totaling $250,000
D) invest in marketable securities totaling $250,000
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In the anticipatory stage of workplace socialization, individuals ______.
a. attend orientation sessions b. consult sources about a specific job or workplace c. engage in a variety of information-seeking strategies d. often receive memorable messages
Copybold Corporation is a start-up company that has a capital structure with a debt/assets ratio equal to 0.75. Copybold has no preferred stock.There are two possible scenarios with respect to the firm's operations: Feast or Famine. The Feast scenario has a 60 percent probability of occurring, and the forecast earnings before interest and taxes (EBIT) in this scenario is $60,000. The Famine scenario has a 40 percent chance of occurring, and the EBIT is expected to be $20,000. Further, the firm's cost of debt is 12 percent. The firm has $400,000 in total assets, and its marginal tax rate is 40 percent. The company has 10,000 shares of stock outstanding. What is the difference between the earnings per share (EPS) forecasts for the Feast scenario and the Famine scenario?
A. $1.44 per share B. $2.40 per share C. $1.48 per share D. $0.48 per share E. $0.96 per share
There are three main ways to analyze financial statements. Which of the following does not represent one of these ways of analyzing financial statements?
A) horizontal analysis B) ratio analysis C) financial statement analysis D) vertical analysis
Employees' emails are private and are protected under the law
a. True b. False