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Saving is for 5 years or ___________?
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- Last year Dallas Company reported sales of $640,000, a contribution margin of $160,000, and a net loss of $40,000. Based on this information, Dallas needed how much in total sales to breakeven?A) $800,000B) $640,000C) $480,000D) $720,000
- The internal rate of growth is based on the assumption thatA) no dividends are paid.B) no external funding of any type is obtained.C) the return on equity is held constant.D) the only additional outside capital obtained is long-term debt.E) the debt-equity ratio is held constant.
- Which of the following statements is correct?a. If a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days' sales outstanding (DSO) will increase.b. If a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days' sales outstanding will decline.c. A reduction in accounts receivable would have no effect on the current ratio, but it would lead to an increase in the quick ratio.d. If a securities analyst saw that a firm's days' sales outstanding was increasing and was higher than the industry average and also was trending still higher, this would be interpreted as a sign of strength.e. There is no relationship between the days' sales outstanding (DSO) and the average collection period (ACP). These ratios measure different things.