Snarf

Satisfactory Essays
BUAD 306: Business Finance, Spring 2012
Assignment #2
Chapter 4:
Concept Review and Critical Thinking Questions #1, 2, 3, 4, 5
Questions and Problems #1, 2, 3, 4, 21, 22
Chapter 5:
Concept Review and Critical Thinking Questions #1, 2, 3, 4, 8
Questions and Problems #1-6, 13-15, 17 1. The reason is that, ultimately, sales are the driving force behind a business. A firm’s assets, employees, and, in fact, just about every aspect of its operations and financing exist to directly or indirectly support sales. Put differently, a firm’s future need for things like capital assets, employees, inventory, and financing are determined by its future sales level. 2. Yes it is possible, although they would have to take in new debt to finance their desired growth rate of 25%. 3. This tells you that their internal growth rate is higher than sales growth of 15%, along with the sustainable growth rate also being higher than sales growth. Having a negative EFN, means that the firm does not need additional financing. If the retention ratio is increases this would mean the company is keeping more of its income and not paying out as much dividends. Therefore, the company’s EFN would be even more negative. Vice versa, if the retention ratio was decreased. If the firm pays out all of its earnings in dividends then the retention ratio would go down which would therefore increase EFN, meaning the firm would need additional financing. 4. If the sales growth was 20% and the firm has a negative projected EFN, this would tell me that the firm’s sustainable growth rate is higher than the firm’s sales growth rate because having a negative EFN implies the firm does not require additional financing. 5. If the firm’s product was less popular, then their sales growth would not be as strong. Therefore the firm would eventually need additional financing to keep it operations in tact. Which means their EFN would most likely be positive.
Questions and

You May Also Find These Documents Helpful

  • Good Essays

    new clothes, shoes, accessories, and not even a little bit of silver. Another example would be when Hekja was back at home (on the mountains) the girls-Reena and Raina wouldn’t share/give the milk to Snarf for him to drink. But there are also times when people or animals do share things. Like Snarf sharing his wonderful talent (sniffing icebergs) and saving the lives of many people. Also another example is when Hekja saved Hikki’s life, but Hikki taught Hekja about mechanics and the principles of…

    • 791 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    remote access it255

    • 345 Words
    • 2 Pages

    Write a remote access security policy covering the most important security risk. 1) Wireless Access When the network is accessed remotely via wireless appropriate wireless security standards will be used. • Wired Equivalency Protocol (WEP) will be used as standard on Wi-Fi connections. • A WEP encryption key will be used. • The network will be configured not to advertise its presence. • The power of access points will be turned down to a minimum that still allows the access point…

    • 345 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Blujacking

    • 8737 Words
    • 35 Pages

    * Facebook Seminar & Project Topics * Home ------------------------------------------------- Top of Form Bottom of Form ------------------------------------------------- Bluejacking 6 November Abstract Bluejacking is the sending of unsolicited messages over Bluetooth to Bluetooth-enabled devices such as mobile phones, PDAs or laptop computers, sending a vCard which typically contains a message in the name field (i.e., for bluedating or bluechat) to another Bluetooth-enabled device…

    • 8737 Words
    • 35 Pages
    Powerful Essays
  • Good Essays

    They Came on Viking Ships By [Abdul Obeid] [Miss Laura Sayer] [English] [13/06/2013] PLAN Introduction: I. They came on Viking ships A. Introduce the topic 1. What is the essay about? PI. Hekja hated the Vikings when they attacked her village. A. warning the village. 1. Hekja argues with the girls on the mountain. Pg 45-46 (“we have to warn the village!, they won’t have seen them yet!”. No! Reena’s voice held real terror. ‘We…

    • 774 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Who's To Blame

    • 1150 Words
    • 5 Pages

    University of North Carolina led by nutrition professor Barry Popkin have found that even when they are not eating at fast-food restaurants, children who frequently tend to eat food that would probably make many of them overweight or obese tend to snarf up cookies and chips, chug sugar sweetened soda from a bottle, and heat up frozen pizzas at home. The authors of the latest research combed through a national database of Americans' health and nutrition behaviors and grouped 4,466 American kids from…

    • 1150 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    [pic] Written by : Mohamed Sabah Mohamed Program : GIAC - GSEC Email : Mohamed.Sabah@DataFort.net Date : 30-7-2002 Table of Contents I Introduction 3 II What & why Managed Security Services 4 - Fault and Performance Management. 4 - Configuration Management. 4 - Security Reporting Management. 5 - Vulnerability Assessments. 5 - Anti Virus Management. 5 III Running Managed Security Services…

    • 5432 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Symbols in Communication

    • 1484 Words
    • 6 Pages

    ITU SUNY NEW PALTZ UNDERGRADUATE JOINT BUSINESS DEGREE PROGRAM BUSINESS COMMUNICATION BUS 206 SYMBOLS IN COMMUNICATION BY MERT YAZGAN 070050484 [pic] Symbols can represent communication and as such are a form of language.Are humans truly the only primates that can understand language ? Can other species talk? Chimpanzees are competent in learning a basic form of language and can constructively express their ideas. Some scientists believe that one day these primates will…

    • 1484 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Phryne Finds Religion: Just a Closer Walk with These Missionaries Yesterday started with the Mormons. Mom’s sight was blocked by the edge of the fence. She didn’t see them walking down the street towards the house, but I could feel them. I knew the familiar scrape of those black feet on the gravel. The giant one (with the strange big squish that sways low) has a jingle on that bag he carries that I can hear from the corner. They came to our door once, and I can still smell them if the air blows…

    • 1744 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Hacking Bluetooth enabled mobile phones and beyond – Full Disclosure Adam Laurie Marcel Holtmann Martin Herfurt 21C3: The Usual Suspects 21st Chaos Communication Congress December 27th to 29th, 2004 Berliner Congress Center, Berlin, Germany Bluetooth Hacking – Full Disclosure @ 21C3 Who we are ● Adam Laurie – – – CSO of The Bunker Secure Hosting Ltd. Co-Maintainer of Apache-SSL DEFCON Staff/Organiser Maintainer and core developer of the Linux Bluetooth Stack BlueZ Security Researcher…

    • 1911 Words
    • 8 Pages
    Satisfactory Essays
  • Powerful Essays

    Proceedings of the 8th WSEAS Int. Conference on Mathematics and Computers in Business and Economics, Vancouver, Canada, June 19-21, 2007 189 Business Risks and Security Assessment for Mobile Devices PATRICIA MAYER MILLIGAN Information Systems Department Baylor University Waco, Texas USA pati_milligan http://business.baylor.edu/pati_milligan/ DONNA HUTCHESON Director of It Audit TXU Corporation Dallas, Texas USA dhutche1 http://www.txu.com Abstract: - Technology advances over the past decade have…

    • 2564 Words
    • 15 Pages
    Powerful Essays