Assume that Jims pays out 90% of its net income. Use the percent of sales method to

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Assume that Jim’s pays out 90% of its net income. Use the percent of sales method to forecast (see MyFinanceLab for the data in Excel format):

a. Stockholders’ equity

b. Accounts payable

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:16 AM

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Assume that Jims pays out 90% of its net income. Use the percent of sales method to

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Fundamentals of Corporate Finance

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