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Q: The Mitchem Marble Company has a target current ratio of 2.0 but has experienced some difficulties financing its expanding sales in the past few months The firm has a current ratio of 2.5 with curren?
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What is the ancwer to this A company is expanding its building area from 20000 square feet to 24400 square feet. What is the percentage increase of the area of the building space?

It is a 22% increase


What is the contact number for SA Homeloans?

SA Home Loans offers home financing for home buyers in South Africa. The sales contact center of the company can be reached by phone at 0860-246-810.


How can you make your negative working capital positive?

first of all please understand that if the company has negative working captial than surely it is going to its grave. to make negative working captial positive is to induce more long term source of financing such as equity. long term dept or bank borrwoings, and also not the least bring the company into profit.


What do mean by cma data in banking terms?

Credit Monitoring Arrangement Data, or CMA Data, is a financial report used by lending institutions to assess and analyze a company's financial status prior to financing. For project loans, term loans, and working capital constraints, CMA data is necessary.


What does it mean when a seller says Owner Will Carry and what are the advantages or disadvantages for the buyer?

Owner will carry - means that the owner will hold the note for financing. This can be advantageous due to the leniency of the owners financing criteria, lack of down payment requirements and other issues a typical mortgage company would rather not deal with. However, It will not be reported on your credit report as typical mortgage would. If this is your first purchase, I would recommend that you not attempt this on your own. There are several aspects to real estate that could overwhelm someone with no experence in that field. Ask a friend who is a realtor or loan officer to assist you.

Related questions

How the financing pattern in private company?

what is the financing pattern of private company?


A company that is leveraged is one that debt financing?

contains debt financing


Why would a company need financing for construction equipment?

A company need financing for construction equipment because mos of the construction equipment are very costly. To bare the high ended expenses the company needs financing.


Describe a situation in which a company would choose to issue bonds. Discuss the advantages of bond financing. What challenges will this company face regarding bond financing?

what are the advantage of bond financing?


A company that sells shares in the stock market is involved in which type of financing?

Equity financing


Alternative financing method used by listed company for longtem project?

financing listed companies


What services are offered by Mezzanine Financing?

Mezzanine financing is not a company that will offer services but a service that can be offered by companies. Mezzanine financing refers to a preferred equity or a subordinated debt tool that represents a claim on a company's assets.


What was considered a legal activity under Sherman anti-trust act?

A company expanding its business by buying a competing company-Apex


What company is financing The Twilight Saga?

The company Atom publishes the twilight saga


Where can I obtain information on business financing?

To find business financing you can always start by looking through the telephone book if you don't have access to the internet. Most financing companies will help you find the right financing company for you or they do their own financing.


What are the Problems that a company should face by experiencing a period of severe financial difficulties?

what are the problems that a company experiencing a period of severe financial difficulties?


What is the functions of leasing company?

Financial Products and Services Equipment Financing Receivables Financing Inventory Financing Finance Lease Operating Lease Money Market