What is the external financing needed

Assignment Help Finance Basics
Reference no: EM13298351

The most recent financial statements for Watchtower, Inc. are shown here (assuming no income taxes):

Income Statement Balance Sheet
Sales $5,100 Assets 14,500 Debt 10,200
Costs 3,480 Equity 4,300
Net Income 1,620 Total 14,500 Total $14,500

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $ 5,967. What is the external financing needed?

 

Reference no: EM13298351

Questions Cloud

Explain the thermal decomposition of mercury(ii) oxide : A mercury mirror forms inside a test tube by the thermal decomposition of mercury(II) oxide. 2 HgO(s)-----> 2 Hg(l) + O2(g) delta H rxn = 181.6 kJ (a) How much heat is needed to decompose 505 g of the oxide
How to compute h of this reaction per mole of h2so4 : When 26.0 mL of 0.675 M H2SO4 is added to 26.0 mL of 1.35 M KOH in a coffee-cup calorimeter at 23.50°C, the temperature rises to 30.17°C. Calculate H of this reaction per mole of H2SO4 and KOH reacted.
Business transactions on the cash receipt journal : Record the December business transactions on the cash receipt journal.
Determine is the image upright or inverted : An object is to the left of a thin lens. The lens forms an image on a screen that is 2.60 m to the right of the object. Is the image upright or inverted
What is the external financing needed : Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $ 5,967. What is the external financing needed?
Explain if the final temperature of the system : The heat capacity of the coffee cup (without the water) is 9.2 J/K. If the final temperature of the system is 31.1°C, what is the specific heat capacity of the alloy? (c of water is 4.184 J/g×K)
Explain how prices of u.s. money market securities : Assess the impact on security prices. Would prices of risky securities be affected more or less than those of risk-free securities with a similar maturity? Why?
Why indirectly monetary policy can move the long bond : Since the Fed has no direct influence over the bond market, explain why indirectly monetary policy can move the long bond.
Explain a calorimeter whose heat capacity is negligible : Both pieces are placed inside a calorimeter whose heat capacity is negligible. What is the final temperature inside the calorimeter

Reviews

Write a Review

Finance Basics Questions & Answers

  Correct statements regarding fiduciary responsibility

Determine the correct statements regarding fiduciary responsibility.

  What is your best guess as to the rate of return

Suppose now that Changing Fortunes' stock return during the year turns out to be 10%. What is your best guess as to the settlement the market previously expected Changing Fortunes to receive from the lawsuit?

  What is the value of the dividend that investors

The corporations pay no taxes and investors pay no taxes on capital gains, but pay a 30% income on dividends. What is the value of the dividend that investors expect corporation B to pay one year from today?

  What is the effective price paid by the company for the oil

A company entered into a futures contracts on March 1 to hedge the purchase of oil June 1. It closed out its position on June 1. What is the effective price paid by the company for the oil?

  Discuss a financial ratio

Discuss a financial ratio, its primary users (i.e., management, creditors, investors, etc.) and what the financial ratio indicates.

  Computation of interest charges using degree

Computation of interest charges using degree of combined leverage and what will be the new level of annual interest charges

  What is the breakeven number of units for the firm

You are an analyst working in a single-product manufacturing firm. You have developed your firms cost structure below, based on an output level of 10 million units. Based upon your analysis, what is the breakeven number of units for the firm.

  Find best investment to invest

How would you invest a million dollars? Determine the best investments are right for you; Stocks, Bonds, Mutual Funds and Real Estate?

  Maturity of hedging instrument

The two basic types of hedges involving futures market are long hedges and short hedges, where the words "long" and "short" refer to maturity of hedging instrument.

  What will be the stock price before and after the repurchase

Good values inc., is all-equity-financed. The total market value of the firm currently is $150,000. and there are 5,000 shares outstanding. Good value plans to repurchase $15,000 with of stock. Ignore taxes.

  What would be the effective cost of that credit

What would be the effective cost of that credit? Round your answer to two decimal places.

  Explain how marginal cost pricing is used by price setters

Explain how marginal cost pricing is used by price setters in health care.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd