XYZ Company has assets that are traditionally 85% of sales, and its liabilities traditionally are
50% of sales. Sales for this year are $50,000 and sales for next year are projected to be $150,000
with a profit margin of 10%.
No owner payout will be taken. Using the percentage of sales
method, XYZ will need ________ of additional financing.
A) $70,000
B) $15,000
C) $52,500
D) $20,000
E) No financing is required.
D
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An offeree who makes an inquiry about the terms of the offer has made a counteroffer and has terminated the offer by rejecting it.
Answer the following statement true (T) or false (F)
Unethical actions include which of the following?
A) polluting lakes and streams B) overcharging on government contracts C) securities fraud D) All of these choices are unethical actions.
Fieldworkers who cheat by submitting bogus questionnaires are an example of:
A) intentional fieldworker error B) unintentional fieldworker error C) intentional respondent error D) unintentional respondent error E) none of the above; fieldworkers do not cheat
Which of the following types of plans is the simplest?
a. back of a napkin b. the pitch deck c. feasibility study d. Business Model Canvas