1) Randy & Whiskers Enterprises has 2022 sales of $15.5 million.It wishes to analyze expected performance...
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1) Randy & Whiskers Enterprises has 2022 sales of $15.5 million.It wishes to analyze expected performance and financing needs for 2023 2023 and so the finance department of the company complied the following proforma balance sheet: Assets Cash Marketable Securuties Accounts receivable Inventories Total current assets Net fixed asstets Total assets. $520 350 1,725 2,645 $ 5,240 5,815 $ 11,055 Current Liabilities Accounts payble Accruals Other current liabilities Total current liabilities Long-term debts Total Liabilities Common Stock Retained earnings Total liabilities & stockholders equity. $ 2,057 660 150 $ 2,867 2,000 $4,867 $5,830 150 $ 10,847 Calculate the external financing needed or excess financing by using the proforma balance sheet given above and discuss what the company can plan by using this information ? wwwww 1) Randy & Whiskers Enterprises has 2022 sales of $15.5 million.It wishes to analyze expected performance and financing needs for 2023 2023 and so the finance department of the company complied the following proforma balance sheet: Assets Cash Marketable Securuties Accounts receivable Inventories Total current assets Net fixed asstets Total assets. $520 350 1,725 2,645 $ 5,240 5,815 $ 11,055 Current Liabilities Accounts payble Accruals Other current liabilities Total current liabilities Long-term debts Total Liabilities Common Stock Retained earnings Total liabilities & stockholders equity. $ 2,057 660 150 $ 2,867 2,000 $4,867 $5,830 150 $ 10,847 Calculate the external financing needed or excess financing by using the proforma balance sheet given above and discuss what the company can plan by using this information ? wwwww
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The proforma balance sheet provided presents the anticipated financial position of Randy Whiskers Enterprises To analyze the external financing needed ... View the full answer
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
Posted Date:
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