ABC Corp. needs to raise $100 M for a project. Its flotation cost of equity and debt are 7% and 5%, respectively. What is the actual cost of the project after adjusting for the flotation costs? The debt to equity ratio for ABC Corp. is 0.25. $107.1M $109.9M $102.4M $106.9M

To provide a more accurate view of future payments, her company incorporates a bad-debts adjustment into the accounts receivable balance.

This adjustment accounts for the possibility of customers defaulting on their payments, allowing the company to estimate the payments they expect to receive. These expected payments are known as the net realizable value of accounts receivable.

This approach is commonly used in businesses that offer financing options, as it helps to minimize the impact of potential bad debt on the company's financial statements.

By accounting for bad debt in this way, the company can present a more realistic view of its financial position and better manage its cash flow.

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Assigning control of IT budgets to user departments can be an effective mechanism to establish IT priorities. This approach ensures that departments have ownership of their IT spending, which helps to ensure that IT resources are allocated in line with departmental objectives.

By giving departments control over their IT budgets, they are more likely to prioritize investments that will benefit their specific business needs. This can result in better alignment between IT and business strategies, which can lead to improved organizational performance.

Moreover, assigning control of IT budgets to user departments can also lead to greater accountability for IT spending. Departments are more likely to carefully consider their IT spending decisions when they have to justify them to management. This can result in better decision-making and improved overall performance.

However, it's important to note that assigning control of IT budgets to user departments should be done in conjunction with a centralized IT governance framework. This framework should establish clear guidelines for IT spending and provide oversight to ensure that departmental decisions align with organizational objectives.

In summary, assigning control of IT budgets to user departments can be an effective mechanism to establish IT priorities, but it should be done in conjunction with a centralized IT governance framework to ensure alignment with organizational objectives and effective use of resources.

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The payback period is the length of time it takes for an investment to recoup its initial costs. payback period is 1.18 years.

To calculate the payback period for a set of cashflows, we take the initial investment and divide it by the annual cash flow. For example, in the given set of cashflows, the initial investment is -$3,200, and the annual cash flows for each year are: $2,700, $2,600, $2,600, and $2,700.

We divide the initial investment by the first annual cash flow of $2,700, which gives us a payback period of 1.18 years. This means that it will take 1.18 years for the initial investment to be recouped. The remaining cash flows will then be considered profit.

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For the given call option, the intrinsic value and the time value is $12.10 and -$1.08 respectively.

1. Calculate the intrinsic value:

Intrinsic value = (Current stock price - Exercise price)

2. Calculate the time value:

Time value = (Option price - Intrinsic value)

3. Given the Apple stock is selling for $129.85 per share, and the call option with a $117.75 exercise price is priced at $11.02, let's calculate the intrinsic value and time value.

4. Intrinsic value = ($129.85 - $117.75) = $12.10

5. Time value = ($11.02 - $12.10) = -$1.08

So, the intrinsic value of the option is $12.10 (rounded to the nearest cent), and the time value of the option is -$1.08 (rounded to the nearest cent).

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A company's next annual dividend will be $12 and that dividends after one year will have a constant growth rate of 5%. If the required rate of return is 9%. The stock price should be $315 and the dividend yield should be 4%.

We will need to use the Gordon growth model and the dividend yield formula.

Step 1: Apply the Gordon growth model formula to calculate the stock price.
Stock Price (P) = D1 / (r - g)
Where:
D1 = Dividend in the next year
r = Required rate of return
g = Growth rate of dividends
Step 2: Calculate the dividend in the next year (D1).
D1 = Annual Dividend * (1 + g)
D1 = $12 * (1 + 0.05)
D1 = $12 * 1.05
D1 = $12.60
Step 3: Calculate the stock price using the Gordon growth model formula.
Stock Price (P) = $12.60 / (0.09 - 0.05)
Stock Price (P) = $12.60 / 0.04
Stock Price (P) = $315
Step 4: Calculate the dividend yield.
Dividend Yield = D1 / Stock Price
Dividend Yield = $12.60 / $315
Dividend Yield = 0.04 or 4%
So, the stock price should be $315 and the dividend yield should be 4%.

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The growth rate projected for Nishi Corporation's common stock is 2.09%.

The dividend growth rate can be calculated using the Gordon Growth Model:

P0 = D1 / (r - g)

where P0 is the current price of the stock, D1 is the dividend per share, r is the required rate of return, and g is the growth rate of dividends.

Rearranging the formula to solve for g, we get:

g = r - (D1 / P0)

Substituting the given values, we get:

g = 10.89% - ($0.79 / $15.62) = 2.09%

Therefore, the growth rate projected for Nishi Corporation's common stock is 2.09%.

Excel screenshot is attached.

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The value of your forward contract is $4.92. Therefore, the correct option is A.

1. Determine the initial forward price (F0).

Initial forward price (F0) = $35

2. Calculate the new forward price (F1) after one month.

New forward price (F1) after one month = $30

3. Calculate the present value (PV) of the change in forward prices, using the annually compounded risk-free rate.

PV = (F0 - F1) / (1 + r)^(t)

where r is the annually compounded risk-free rate and t is the remaining time in years.

PV = (35 - 30) / (1 + 0.1)^(2/12)

PV = 5 / (1.1)^(1/6)

PV ≈ $4.92

4. Determine the value of your forward contract.

The value of your forward contract is approximately $4.92, which corresponds to option A.

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The correct answer is c. central. While earnings are important in financial statement analysis, an analysis of a company's cash flows is central to credit evaluations and lending decisions.

This is because cash flows reflect the actual cash that a company has on hand to pay its debts, and therefore provide a more accurate picture of its ability to meet financial obligations.  Cash flows provide a more accurate picture of a company's liquidity, solvency, and overall financial health, which are crucial factors for lenders to consider. While banking regulations may require a certain level of cash flow analysis, it is generally considered a fundamental aspect of financial statement analysis.

Thus, if a company's earnings are important in financial statement analysis, with respect to credit evaluations and lending decisions an analysis of its cash flows is c. Central.

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The annual interest rate implicit in this agreement is approximately 10%

the yearly interest price implicit in this agreement may be calculated using the present cost formula for an annuity:

present cost = charge x [(1 - (1 + r)^-n) / r]

wherein:

payment = $1,000

r = annual interest rate

n = wide variety of payments = 5

for the reason that Shirley borrowed $3,605 and will repay in 5 same payments, the prevailing price of the annuity is $3,605. therefore, we are able to set up the equation as:

$3,605 = $1,000 x [(1 - (1 + r)^-5) / r]

solving for r, we get:

r = 10.33%

Therefore, the once a year interest charge implicit on this settlement is about 10%

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To accumulate $250,000 in 35 years by making equal annual deposits at the end of each year, with a compound interest rate of 10%, the annual deposit needs to be $1,674.14.

To calculate the annual deposit, we can use the formula for the future value of an annuity:

[tex]FV = PMT \times [(1 + r)^n - 1] / r[/tex]

where FV is the future value, PMT is the payment, r is the interest rate, and n is the number of periods.

In this case, we know that FV = $250,000, r = 10%, and n = 35.

Substituting these values into the formula, we can solve for PMT:

$250,000 = PMT x [(1 + 10%)³⁵ - 1] / 10%

$250,000 = PMT x 137.80

PMT = $250,000 / 137.80

PMT = $1,811.60 (annual payment)

However, this solution assumes that the annual payment is made at the beginning of each year.

Since the problem states that the payment is made at the end of each year, we need to adjust the solution by calculating the present value of an annuity due, which is simply the future value of an ordinary annuity multiplied by (1 + r):

[tex]PV = PMT \times [(1 + r)^n - 1] / r \times (1 + r)[/tex]

Substituting the values we have, we get:

PV = $1,674.14 x [(1 + 10%)³⁵ - 1] / 10% x (1 + 10%)

PV = $1,674.14 x 65.44

PV = $109,491.49

Therefore, the amount of the annual deposits needed to accumulate $250,000 in 35 years is $1,674.14.

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The government mandate of insurance on all people can be seen as both A. Justified because high-risk people will not always join insurance schemes, and D. Justified because without it, insurance schemes may fail.

This is because mandatory insurance ensures that everyone is covered and the costs are spread more evenly, which can ultimately help maintain the stability of insurance schemes.

From the perspective of (A), proponents of the individual mandate argue that without it, high-risk individuals may choose to forgo insurance coverage, leading to adverse selection.

Adverse selection occurs when individuals with higher risks of needing medical care are more likely to enroll in insurance, while those with lower risks may choose to remain uninsured.

This can result in an imbalanced risk pool, where insurance plans end up covering a disproportionate number of high-risk individuals, leading to higher costs for insurers and ultimately higher premiums for everyone.

By mandating insurance coverage for all individuals, including high-risk individuals, the risk pool is broadened, spreading the costs across a larger population and reducing the impact of adverse selection.

Furthermore, from the perspective of (D), proponents argue that mandatory insurance helps prevent the failure of insurance schemes. Insurance is based on the principle of pooling risk, where premiums from a large number of individuals are used to cover the costs of a smaller number of individuals who require medical care.

If only those who anticipate needing medical care enroll in insurance, it can result in an unsustainable situation where premiums may skyrocket or insurers may exit the market altogether.

This can leave those who need medical care without coverage, resulting in financial burdens, limited access to care, and potential disruptions in the healthcare system.

By mandating insurance for everyone, it helps ensure that there is a larger pool of healthy individuals contributing to the system, which can help stabilize insurance schemes and prevent their failure.

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The price of the 18-year STRIPS traded on April 30, 2020, with a yield to maturity of 4.8 percent, can be calculated using the Excel PV function

Calculate the price of the 18-year STRIPS that traded on April 30, 2020, and matures on May 1, 2032, with a yield to maturity of 4.8 percent.

Identify the information provided:- Time to maturity: 18 years, Yield to maturity (YTM): 4.8% ,Calculate the present value (price) of the STRIPS using Excel: Use the formula "=PV(rate, nper, pmt, fv)" in an Excel cell,Enter the YTM (rate) as "0.048" (convert the percentage to a decimal),

Enter the time to maturity (nper) as "18",Leave the "pmt" value blank or enter "0" (as there are no periodic payments for STRIPS), Enter the future value (fv) as "1" (assuming a face value of 1).Interpret the result: The Excel cell will display the present value (price) of the STRIPS.

The price of the 18-year STRIPS traded on April 30, 2020, with a yield to maturity of 4.8 percent, can be calculated using the Excel PV function as described above.

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(a) Variables: Independent Variables: Sales, Media Advertising, Price Dependent Variable: Use of Displays

(b) Price Elasticity = -2.841 Price Elasticity = (Change in Quantity Demanded / Change in Price) * (Price / Quantity Demanded)

= (-2.841) * (2.50 / 500) = -0.1136

(c) The price elasticity calculated from the regression analysis should not be entirely trusted for two reasons. First, the sample size of 15 weeks may not be large enough to provide an accurate representation of the overall demand for the shampoo.

Second, the use of displays as the dependent variable may not accurately reflect the demand for the shampoo, as displays may have been placed in stores based on other factors. Thus, the calculated price elasticity may not be an accurate representation of the true demand for the shampoo.

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An employer can access stored e-mail communications of employees using the employer's service. This is granted by the Electronic Communications Privacy Act (ECPA). The ECPA allows employers to monitor their employees' electronic communications if they have a legitimate business reason to do so.

This includes monitoring emails sent and received through company email accounts or using company-provided devices. However, employers must still follow certain guidelines, such as notifying employees of monitoring policies and avoiding unreasonable intrusions on privacy.

It is important for both employers and employees to be aware of their rights and responsibilities when it comes to electronic communications in the workplace.

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The use of financial incentives to improve productivity is most closely related to the reinforcement theory of motivation. This theory suggests that behavior can be strengthened or weakened by the consequences that follow it. In this case, the financial incentive is the consequence that is intended to strengthen the desired behavior of improved productivity.

Reinforcement theory was first recognized in the work of psychologist Ivan Pavlov (behavioral conditioning) and B. F. Skinner (operant conditioning).

Reinforcement theory says that behavior is driven by its consequences. As such, positive behaviors should be rewarded positively. Negative behaviors should not be rewarded or should be punished.

The difficulty in employing this theory is that it is not always easy to determine what types of behavior should be rewarded.

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Julia, as a business owner, is right to be concerned about the possibility of her suppliers suing her. She has learned that segregated funds provide creditor protection and has decided to purchase a contract 3 months prior to placing her company into bankruptcy. However, her decision to purchase the contract 3 months before the bankruptcy may not provide her with the protection she was hoping for.

Generally, segregated funds provide creditor protection as they are separate from the individual's estate and cannot be seized by creditors. However, in cases where the segregated funds were purchased with the intent of defeating creditors, the funds may not be protected. This is because such actions are seen as fraudulent and can result in the funds being seized by creditors.

In this case, Julia's purchase of the segregated fund contract 3 months prior to bankruptcy may be seen as an attempt to defeat creditors, and as such, the funds may not be protected. It is important to note that the exact circumstances of each case will be examined before a final decision is made. Overall, while segregated funds may provide creditor protection, it is important to consult with a financial advisor and ensure that any actions taken are legal and ethical.

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The firm should be willing to abandon the project at the end of the third year if the annual sales level falls below 2,372 units.

To determine the sales level at which the firm should abandon the project, we first need to calculate the present value of the project's cash flows for the remaining two years, and then compare it to the abandonment value.

1. Calculate annual cash flows: 2,100 units * $20/unit = $42,000

2. Calculate the present value of cash flows for years 4 and 5:

  PV(Year 4) = $42,000 / (1 + 0.12)⁴ = $26,682.07
  PV(Year 5) = $42,000 / (1 + 0.12)⁵ = $23,823.26

3. Add the present values: $26,682.07 + $23,823.26 = $50,505.33

4. Since the abandonment value is $50,000, we need to find the sales level that would result in a cash flow with a present value equal to $50,000 over the remaining two years.

5. Solve for the new sales level: ($50,000 / ($26,682.07 + $23,823.26)) * 2,100 units = 2,372 units

Therefore, the firm should abandon the project at the end of the third year if annual sales fall below 2,372 units.

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As a funds manager, you prefer Trader j's performance due to the higher utility value.

To determine whether trader i and j will buy the same asset, we need to compare the expected utility of each asset for each trader.

For trader i, the expected utility of asset 1 is:

EU(Asset 1) = √103 ≈ 10.15

For asset 2, the expected utility is:

EU(Asset 2) = 0.95√110 + 0.05√0 ≈ 10.29

Therefore, trader i will choose asset 2 because it has a higher expected utility.

For trader j, the expected utility of asset 1 is:

EU(Asset 1) = 1002 ≈ 10,000

For asset 2, the expected utility is:

EU(Asset 2) = 0.95(110)2 + 0.05(0)2 ≈ 10,450

Therefore, trader j will choose asset 2 because it has a higher expected utility.

If you are a funds manager with utility function u(x) = ln √ x, you prefer the trader who has the highest expected utility because that maximizes the overall utility of the investment. In this case, trader j has a higher expected utility for both assets, so you would prefer their performance.

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False. The marginal utility from an additional unit of a good is the additional satisfaction or utility that a consumer obtains from consuming one more unit of the good.

If the consumption of an extra unit of the good increases the total utility from consuming the good, then the marginal utility from the extra unit is positive.

Conversely, if the consumption of an extra unit of the good decreases the total utility from consuming the good, then the marginal utility from the extra unit is negative.

Thus, the marginal utility from an additional unit of a good is not necessarily positive when consumption of an extra unit of the good causes disutility.

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If the U.S. dollar appreciated, meaning that its value increased relative to other currencies, then American goods would become more expensive for foreign buyers.

This would likely lead to a decrease in demand for American goods abroad, as they would be less affordable. Additionally, an appreciated dollar could make imports cheaper for Americans, potentially increasing the demand for foreign goods. Overall, an appreciation of the U.S. dollar could negatively impact American exports and potentially lead to a trade deficit.

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The risk-free interest rate is determined by the interest rate on U.S. government debt. It is equal to the interest rate on U.S. government debt.

The risk-free interest rate is the rate of return an investor can expect from an investment that has zero risk of default. The U.S. government is considered to be the safest borrower in the financial markets and has a near-zero probability of defaulting on its debt obligations. As a result, the interest rate on U.S. government debt, such as Treasury bills, notes, and bonds, is used as a proxy for the risk-free rate.

The U.S. Treasury sets the interest rates on its debt based on a variety of factors, including inflation, economic conditions, and demand for U.S. Treasury securities. Therefore, the risk-free rate is determined by market forces and is an important benchmark for pricing other investments and assessing the risk and return tradeoff of investments.

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T. Albinoni Inc.'s firm cost of external equity is roughly 121.42%.

To calculate the firm's cost of external equity using the Capital Asset Pricing Model (CAPM), you will need to use the following formula:

Cost of Equity = Risk-Free Rate + Beta * (Expected Market Return - Risk-Free Rate)

1. Risk-Free Rate (Rf): The 3-month U.S. Treasury Bill rate is given as 1.01%. Convert this to a decimal by dividing by 100: Rf = 0.0101

2. Beta (β): The beta of T. Albinoni Inc.'s common stock is provided as 1.751.

3. Expected Market Return (Rm): The expected return of the S&P 500 Index is given as 7.89%. Convert this to a decimal by dividing by 100: Rm = 0.0789

Now, plug these values into the CAPM formula:

Cost of Equity = 0.0101 + 1.751 * (0.0789 - 0.0101)
Cost of Equity = 0.0101 + 1.751 * 0.0688
Cost of Equity = 0.0101 + 1.204128
Cost of Equity ≈ 1.214228

To express the cost of equity as a percentage, multiply the result by 100:
Cost of Equity ≈ 121.42%
Using the CAPM, the firm's cost of external equity for T. Albinoni Inc. is approximately 121.42%.

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A company can use the information it has gleaned from benchmarking and value chain analysis: Eliminate its own cost or value disadvantages. The correct option is C

The appropriate ways for a company to utilize this information include:

B. Improve profitability: By comparing its processes, products, and services to those of competitors, a company can identify areas for improvement and implement changes that can enhance profitability.

C. Eliminate its own cost or value disadvantages: Benchmarking and value chain analysis help a company recognize any cost or value disadvantages it might have. This knowledge can then be used to address and eliminate these disadvantages, making the company more competitive in the market.

D. Enhance competitiveness: Benchmarking allows a company to learn from best practices in the industry and apply those findings to its own processes. Additionally, value chain analysis helps a company understand how it can create and deliver more value to customers, ultimately enhancing its competitiveness in the market.

To summarize, a company can use the information gleaned from benchmarking and value chain analysis to improve profitability, eliminate its own cost or value disadvantages, and enhance competitiveness.

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Complete question:

How can a company use the information it has gleaned from benchmarking and value chain analysis?

A. Sabotage the competition

B. Improve profitability

C. Eliminate its own cost or value disadvantages

D. Enhance competitiveness

Effective social media marketing requires engaging fans by listening to fans, being authentic, and learning from fans.

By actively listening to what your fans have to say, you can better understand their needs and preferences, and tailor your content to meet those needs. Being authentic helps build trust and credibility with your audience, and shows that you are genuinely interested in their opinions and feedback. Learning from your fans allows you to continually improve your social media strategy, and stay ahead of the curve when it comes to emerging trends and best practices. Overall, engaging your fans through these key practices is essential for success in social media marketing.

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Answer: 54.9 LBS

Explanation: got it right

The optimal order quantity for MBC is 10,000 gallons of diesel fuel.

MBC should order fuel once a month to replenish their supply. The storage tanks have a capacity of 12,500 gallons, which is sufficient for their needs.

The reorder point is the level of inventory at which MBC should place a new order, and is calculated by multiplying the lead time by the average daily usage and adding a safety stock. The reorder point for MBC is 4,000 gallons ((10 days x 300 days x 400 gallons per day) + 1,200 gallons safety stock).

Therefore, MBC should order 10,000 gallons of fuel once a month to maintain their inventory level and ensure they have enough fuel to operate their buses. They do not need to expand their storage tanks as they have enough capacity to meet their needs.

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The constant under the high-low method is $250.

Ohio Instruments provides the following information for their cost driver (machine-hours):

the highest observation of the cost driver is 500 machine-hours with a cost of $2,500, while the lowest observation is 100 machine-hours with a cost of $700.

To find the constant under the high-low method, we first need to determine the variable cost per machine-hour.

Variable cost per machine-hour = (Highest cost - Lowest cost) / (Highest machine-hours - Lowest machine-hours) = ($2,500 - $700) / (500 - 100) = $1,800 / 400 = $4.50 per machine-hour.

Next, we can find the constant by using either the highest or lowest observation.

Let's use the lowest observation:

Constant = Total cost - (Variable cost per machine-hour * Machine-hours) = $700 - ($4.50 * 100) = $700 - $450 = $250.

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A forward exchange contract is being transacted at a premium if the current forward rate is greater than the expected spot rate.

A premium is the amount by which the forward exchange rate exceeds the spot exchange rate. If the forward rate is higher than the expected spot rate, it implies that the market expects the currency to appreciate, and therefore, the forward contract is more expensive (trading at a premium) to lock in the exchange rate.

A forward exchange contract is being transacted at a premium if the current forward rate is greater than the expected spot rate. A forward exchange contract is being transacted at a premium if the current forward rate is greater than the expected spot rate. Therefore, the correct answer is greater than the expected spot rate.

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Based on the given p-chart examples, the most accurate statement would be "the process is not in control because there are several points that exceed the upper limit line."

A p-chart is a statistical process control chart used to monitor the proportion of defective items in a sample. The chart plots the proportion of defective items against the sample size over time. The upper and lower control limits are set based on the expected variation in the proportion of defective items.

If there are several points that exceed the upper control limit, it indicates that the proportion of defective items is consistently higher than expected, which could be due to a shift in the process or the presence of a special cause.

This suggests that the process is not in control and needs to be investigated and corrected. The other options are not accurate based on the information given. The first half of the points being below the center line and the second half being above the center line, or the points trending lower from left to right, do not necessarily indicate a problem with the process. Similarly, several points being less than the lower limit line would only be a concern if the proportion of defective items is consistently lower than expected.

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The cash disbursements for the year were $865,000.To calculate the cash disbursements for the year, we need to use the following formula:

Cash disbursements = Cost of goods sold + Marketing and administrative expenses - Increase in accounts payable + Decrease in merchandise inventory + Increase in accounts receivable

First, we need to calculate the cost of goods sold using the gross profit percentage:

Gross profit = Sales * Gross profit percentage

$1,030,000 * 45% = $463,500

The cost of goods sold can be calcualted as   Sales - Gross profit

$1,030,000 - $463,500 = $566,500

Next, we can calculate the cash disbursements using the formula:

Cash disbursements = $566,500 + $167,000 - (-$49,500) + $28,000 + $54,000

Cash disbursements = $566,500 + $167,000 + $49,500 + $28,000 + $54,000

Cash disbursements = $865,000.Therefore, the cash disbursements  were $865,000.

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