Welsh Corporation wants to issue debt of $525,000 to invest in a new project. Welsh is required to pay its investment banker 5 percent of the issue's total value. There are no other floatation costs. Compute the amount of debt that the firm must issue to net $525,000 after flotation costs.
A. $525,347
B. $552,632
C. $498,752
D. $551,257
E. $575,886
Answer: B
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Following are selected data from the financial statements of Mother Nature Supplies: 2017 2016 Accounts receivable $ 60,000 $ 38,000 Merchandise inventory 12,000 16,000 Total assets 450,000 380,000 Net sales 380,000 270,000 Cost of goods sold 160,000 210,000 Refer to the data for Mother Nature Supplies. Which of the following would result from a horizontal analysis of its income statement?
a. Cost of goods sold is 45.5% of net sales for 2017. b. Gross profit is 42.1% of net sales for 2017. c. Cost of goods sold decreased $50,000 or 23.8% during 2017. d. Accounts receivable total 13.3% of total assets for 2017.
Fermentation is the process that produces bubbles of carbon dioxide that makes bread dough rise.
Answer the following statement true (T) or false (F)
The interaction between the DM and the researcher should be characterized by the seven Cs. Which of the following is not one of the seven Cs?
A) continuity B) communication C) causality D) candor
By stating the main point of the communication at the beginning of the message, what type of organization is being used?
A) Indirect B) Outlining C) Direct D) Drafting E) Perfectionist syndrome