Jake is a stockholder of several companies and he studies financial statements of these companies regularly. Why does he desire a healthy cash flow? A. it assures him that the company buys assets often B. it assures him that the company is profitable C. it assures him that the company can survive seasonal variation in sales D. it reflects to him that the company has a good asset turnover ratio

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)