Calculate the External fiNancing Needed Given the Following Information: Current

question 323

Multiple Choice

Calculate the external financing needed given the following information: current sales = $25,000; current sales capacity = 80%; current fixed assets = $15,000; projected future sales = $40,000.

• A) $5,000
• B) $20,200
• C) $4,200
• D) $19,200
• E) $5,200

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Definitions:

Industry Losses

The total amount by which the expenses and costs of businesses in a certain industry exceed their total revenues.

Economic Profits

The financial outcome derived from removing all explicit and implicit costs from the aggregate revenue.

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CEO of Tesla, Inc. and SpaceX, among other companies, known for his significant contributions to the electric vehicle and space exploration industries.

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Companies that compete within the same market, offering similar products or services to consumers.