Harrison Electronics, Inc. operates a chain of electrical lighting and fixture distribution centers throughout northern Arizona. The firm is anticipating expansion of its sales in the coming year as a result of recent population growth trends. The firm’s financial analyst has prepared pro forma balance sheets that reflect three different rates of growth in firm sales for the coming year and the corresponding non-discretionary sources of financing the firm expects to have available, as follows:

a. What are the firm’s discretionary financing needs under each of the three growth scenarios?
b. What potential sources of financing are there for Harrison to fulfill its needs for discretionaryfinancing?

  • CreatedOctober 31, 2014
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