Posts by Raana
Total # Posts: 2
The prince Albert Corporation has forecasted the following sales for the first seven months Jan $10,000 Feb 12,000 Mar 14,000 April 20,000 May 10,000 June 16,000 July 18,000 Monthly material purchase are set to 30 % of forecasted sales for the next month. Of the total material...
The Norman Automatic mailer Machine Company is planning to expand production. The expansion will cost $2000,000, which can either be financed by bonds at an interest rate of 12 percent or by selling 40,000 shares of common stock at $50 per share. The current income statement ...