Goldilochs Inc

question 81

Multiple Choice

Goldilochs Inc. reported sales of $5 million and net income of $1 million. The firm has $10.5 million in total assets. The firm's chief financial officer is projecting a 20 percent increase in sales. If the firm's sales do increase by 20 percent, it is expected that spontaneous liabilities will increase by $1 million. The firm currently pays out 30 percent of its net income to shareholders. Assuming that all assets are expected to grow with sales, how much in additional funds will Goldilochs need from external sources to fund the expected growth?

• A) $245,000
• B) $197,000
• C) $221,000
• D) $260,000

Understand what effective materials management entails and its support to firm's marketing objectives.

Comprehend the process and significance of negotiating contracts and placing purchase orders in materials management.

Identify the key responsibilities and roles of a materials manager in coordinating supply and demand.

Recognize the legal and operational definitions relevant to materials management, such as purchase orders and contracts.

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Definitions:

Socioeconomic Status

A combined measurement of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Family Relationships

The connections and interactions among members within a family unit, including emotional bonds, roles, and communication patterns.

Child's Age

The length of time since the birth of a child, often used as a basis for determining developmental stages, eligibility for certain programs, and educational placement.

Rites of Passage

Ceremonies or rituals marking important transitions or stages in a person's life, such as puberty, marriage, or death.