The 2012 balance sheet of bianchi brickyards which is, Ask an Expert

Finance

The 2012 balance sheet of Bianchi brickyards, which is operating at full capacity, reported current assets of $8,790, net fixed assets of $29,400, current liabilities of $3,705, long-term debt of $13,200, common stock of $15,000 and retained earnings of $6,285. Bianchi's income statement reported net sales of $23,600, EBIT of $5,390, taxable income of $5,260 and net income of $3,420. The firm pays no dividends. Assume assets, costs and current liabilities vary with sales. What is the external financing need if sales increase by 8 percent? -$935 -$668 $187 $488 $706

View complete question

Financial Management, Finance

Category:- Financial Management
Reference No.:- M91672503

Have any Question?Write your Review or question?

Related Questions in Financial Management

Assignmentselect a general industry that interests you and

Assignment Select a general industry that interests you and choose a particular market domain within that industry to expand your research and use as a model throughout the course. A market domain may be defined as a seg ...

In the link below you will explore how companies compute

In the link below, you will explore how companies compute their cost of capital by computing a weighted average of the three major components of capital: debt, preferred stock, and common equity. The firm's cost of capit ...

Questions 1 discuss a time that you worked with a group in

Questions : 1. Discuss a time that you worked with a group in your current or a past job to solve a problem. Reflecting back, was your group successful? If not, what could have been done differently? Refer to this week's ...

Discussionbull profits and risks of off-balance-sheet

Discussion • Profits and Risks of Off-Balance-Sheet Activities • The difference between spot and forward exchange rates. What role do currency swaps play? • The Federal Open Market Committee • Multiple Deposit Creation a ...

Portfolio projectexotic food inc capital budgeting casecase

Portfolio Project: Exotic Food Inc., Capital Budgeting Case CASE SUMMARY Exotic Food Inc., a food processing company located in Herndon, VA, is considering adding a new division to produce fresh ginger juice. Following t ...

As you have read and researched web analytics is used

As you have read and researched, web analytics is used extensively in higher education. Continue to research and source at least 5 different ways how web analytics is used by higher education institutions. You must provi ...

Video balance sheet and income statement relationship

Video : Balance sheet and income statement relationship (khanacademy) After watching this video, explain the relationship between the balance sheet and income statement in your own words, assuming that you are talking to ...

Assignmentthe purpose of this assignment is to allow you

Assignment The purpose of this assignment is to allow you the chance to evaluate the role of social responsibility in society. After you complete this assignment, you will analyze a written article, be able to ascertain ...

Consumer behavior assignment - personality and

Consumer Behavior Assignment - Personality and Lifestyles 1. What are some products that make their appeals primarily to the id? What are some products that make their appeals to the superego? Do products make an appeal ...

As we learned about in our lecture there are three types of

As we learned about in our lecture, there are three types of exercise: Aerobic exercises, e.g. running, cycling, walking, and skiing, are performed for longer intervals and require oxygen. Aerobic exercise primarily uses ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Financial Management Expert