Question: (5) Calculate the additional financing needed to meet the projected increase in sales. Assume that profit margin and asset turnover will remain the same as

(5) Calculate the additional financing needed to meet the projected increase in sales. Assume that profit margin and asset turnover will remain the same as it was in 2022. Profit Margin = NI/Sales. Asset Turnover = Sales/Assets

2022 projected
Sales 2000 3000
PM 5.00%
NI 100
payout ratio 30.0%
a) What is the Dividend?
b) What is the Retained Earnings?
2022 projected
Total Assets 1200
Operating Liab 80 100
LTD 500
Shareholders Equity 620

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Step 3: Hypothesis Test for the Population Mean (I) A relative skill level of 1340 represents a critically low skill level in the league. The management of your team has hypothesized that the average...

Q:

(5) Calculate the additional financing needed to meet the projected increase in sales. Assume that profit margin and asset turnover will remain the same as it was in 2022. Profit Margin = NI/Sales....

Q:

The following case continues with the financial statement analysis of Ubisoft Entertainment SA (Ubisoft or the Group). This case involves a forecast of the income statement, balance sheet and...

Q:

Please answer all questions thoroughly. Thank you. Macy's & JC Penney - Questions 1. Using the guidelines provided below, compute financial ratios for fiscal years 2009, 2010, and 2011 (ending on...

Q:

What am I doing wrong? my additional funds is wrong. Please correct the question: Income Statement and Balance Sheets 2022 Sales 287,318 COGS 220,396 Depreciation 10,913 EBIT 56,009 Interest 2,264...

Q:

Macys & JC Penney - Questions Using the guidelines provided below, compute financial ratios for fiscal years 2009, 2010, and 2011 (ending on January 30, 2010, January 30, 2011, and January 2012,...

Q:

A) How much is the cash and retained earning in 2019? B) Bigquiz can borrow at 10% interest rate, if the company starts to borrow, do you think borrowing will increase or decrease the firms ROE? Why?...

Q:

Read the 10-K and use it to calculate the following ratios. I chose Target as my company. Be sure to clearly label and show your calculations and reference the information from the 10-K.*** A)...

Q:

Please provide answer to the above scenario analysis with an excel sheet. 65.8% averaged percentage of sales from 2012 to 2014 8.9% averaged percentage of sales from 2012 to 2014 5.7% averaged...

Q:

below. 1. A) How much is the cash and retained earning in 2019? B) Bigquiz can borrow at 10% interest rate, if the company starts to borrow, do you think borrowing will increase or decrease the firms...

Q:

thank you Consolidated Statements Of Income - USD ($) $ in Millions 12 Months Ended Dec. 31, 2022 Dec. 31, 2021 Dec. 31, 2020 Consolidated Balance Sheets - USD ($) $ in Millions Dec. 31, 2022 Dec....

Q:

Write a paper on Archetypal Psychology What got you thinking about the topic of archetypal psychology? What sources did you find that informed you about the topic, both early in the development of...

Q:

Why are cost flow diagrams useful in describing product costing systems?

Q:

New Sales Price In June, 19, the Rolon Corporation sold 50 air conditioners for $200 each. Costs included: materials costs of $50 per unit, direct labor costs of $30 per unit, and factory overhead at...

Q:

Find the radius of gyration of a plate covering the region bounded by x=3, x=5, y=0, and y=4 with respect to the y-axis.

Q:

Is the environment in which you are operating currently growing, stable, declining, or unpredictable?

Q:

What impediments deal with regulators?

Q:

What are their performance levels?