CourseLover

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About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 283 Weeks Ago, 1 Day Ago
Questions Answered: 27237
Tutorials Posted: 27372

Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Business & Finance Posted 15 Dec 2017 My Price 10.00

next year’s additional funding requirement

1 simple question. show work.
no pdf.
word or excel only


Review Problem A: United Products Inc. has the following balance sheet: Current assets $5,000Accounts payable $1,000    Notes payable 1,000 Net fixed assets 5,000 Long-term debt 4,000    Common equity 4,000 Total assets $10,000 Total liabilities and equity $10,000 Business has been slow; therefore, fixed assets are vastly underutilized.  Management believes it can  double sales next year with the introduction of a new product.  No new fixed assets will be required, and  management expects that there will be no earnings retained next year.  What is next year’s additional  funding requirement?
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CourseLover
(12)
Status NEW Posted 15 Dec 2017 11:12 AM My Price 10.00

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