Question: For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is

For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 29% in dividends. Construct the Production volume table based on your student ID number as per the instructions shown below

What will be the accounts payable for 2024?

Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2021 2022 2023 2024 2025 2026 Balance Sheet 1 ASSETS 2 Cash and Equivalents $ 6.375 00 3 Accounts Receivable $ 6.750 00 4 4 Inventory $ 7,125.00 5 CURRENT ASSETS $ 20.250 00 6 Property. Plant and Equipment $ 21 375.00 7 TOTAL ASSETS $ 41,625.00 8 LIABILITIES AND EQUITY $ 8.625.00 Accounts Payable 10 CURRENT LIABILITIES $ 8,625.00 11 Long-Term Debe $ $ 7,500.00 16.125.00 12 TOTAL LIABILITIES 13 STOCKSHOLDER'S EQUITY $ 25.500,00 14 Retained Earnings $ 15 TOTAL EQUITY $ 25,500.00 16 TOTAL LIABILITIES AND EQUITY $ 41,625.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2021 2022 2023 2024 2025 2026 Income Statement 1 Sales Revenue $ 37,500.00 2 less. Cost of Goods Sold 5 29 625.00 3 EBITDA $ 7,875.00 $ 4.125.00 4 less: Depreciation Expense 5 EBIT $ 3,750.00 6 less: Interest and Other Expenses 5 750.00 7 PRE-TAX INCOME $ $ 3,000.00 8 less: Income Tax $ 1.050 oC 9 NET INCOME $ 1,950.00 Production Volume 1000s units) 1 Market Size 2 Market Share 3 Production Volume (Market Size X Market Share) 4 Average Sales Prion 10.000.00 $ 10,300.00 S 10,609.00 $ 10.827 275 11.255.095 11,592.74 10.00% [+ 10+(0/2+21% 110-2D2+4% 10+3 10/21+63% 119+490/2+9% 10+5 10/21+10% 6% 10)9941106T12% 1000.00 $37.50 $38.25 539.02 $39.80 $40.59 S41.40 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2021 2022 2023 2024 2025 2026 Balance Sheet 1 ASSETS 2 Cash and Equivalents $ 6.375 00 3 Accounts Receivable $ 6.750 00 4 4 Inventory $ 7,125.00 5 CURRENT ASSETS $ 20.250 00 6 Property. Plant and Equipment $ 21 375.00 7 TOTAL ASSETS $ 41,625.00 8 LIABILITIES AND EQUITY $ 8.625.00 Accounts Payable 10 CURRENT LIABILITIES $ 8,625.00 11 Long-Term Debe $ $ 7,500.00 16.125.00 12 TOTAL LIABILITIES 13 STOCKSHOLDER'S EQUITY $ 25.500,00 14 Retained Earnings $ 15 TOTAL EQUITY $ 25,500.00 16 TOTAL LIABILITIES AND EQUITY $ 41,625.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2021 2022 2023 2024 2025 2026 Income Statement 1 Sales Revenue $ 37,500.00 2 less. Cost of Goods Sold 5 29 625.00 3 EBITDA $ 7,875.00 $ 4.125.00 4 less: Depreciation Expense 5 EBIT $ 3,750.00 6 less: Interest and Other Expenses 5 750.00 7 PRE-TAX INCOME $ $ 3,000.00 8 less: Income Tax $ 1.050 oC 9 NET INCOME $ 1,950.00 Production Volume 1000s units) 1 Market Size 2 Market Share 3 Production Volume (Market Size X Market Share) 4 Average Sales Prion 10.000.00 $ 10,300.00 S 10,609.00 $ 10.827 275 11.255.095 11,592.74 10.00% [+ 10+(0/2+21% 110-2D2+4% 10+3 10/21+63% 119+490/2+9% 10+5 10/21+10% 6% 10)9941106T12% 1000.00 $37.50 $38.25 539.02 $39.80 $40.59 S41.40

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To answer the question about the accounts payable for 2024 we need to analyze the pro forma financia... View full answer

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!

let D= 8 let C= 1 2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay (21+D+C]% in dividends....

2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 28% in dividends. Construct the Production...

For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 29% in dividends. Construct the Production...

INSTRUCTIONS: For each of the problems you will need to use your Student ID number. The last four digits of your ID number are to be used as A, B, C and D. For example, if your student ID is...

For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 29% in dividends. What will be the...

For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 29% in dividends What will be the...

please plug in 1 for "C" and 8 for "D" 2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay...

7x -9 Given functions f(x)= and g(x)= tan(2x), calculate: 1-5x (g- f)(0). i. i. 8 ii. f(3)

A company produces several products which pass through the two production departments in its factory. These two departments are concerned with filling and sealing operations. There are two service...

Write a equavilant mips code of this jav code Total = 0 ; For ( i = 0 ; i 2 ) { Continue; } Total + = i; }

Consider the following public-key encryption scheme. The public key is (p, g, h) and the private key a is generated as in El-Gamal encryption scheme. The plaintext space P = {0, 1}. In order to...