DemiGod Shipping Company forecasts a 10% increase in its sales over the year 2019. Its assets and
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DemiGod Shipping Company forecasts a 10% increase in its sales over the year 2019. Its assets and liabilities, at the end of 2018, amount to $20 billion and $7 billion respectively. Sales for this period were $25 billion, earning a 3% profit margin. The company reinvests 28% of its net income and pays out the rest to its shareholders. Develop a spreadsheet model and identify uncertain distributions that you believe would be appropriate to conduct a Monte Carlo simulation. Based on your model and simulation, make a recommendation on how much additional funds are needed.
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