Question: I believe all data needed is there! Thanks for the help! 2 2 MyFinance b Quiz Forecastl swnmaulz This Question: 3 pts 10 of 14

I believe all data needed is there! Thanks for the help!

I believe all data needed is there! Thanks for the help! 2

2 2 MyFinance b Quiz Forecastl swnmaulz This Question: 3 pts 10 of 14 This Quiz: 50 pts possible it (Related to Checkpoint 17.1) [Discretionary nancing needs) Harrlson tlec'tronlcs, Inc operates a chaln 0t electrical llgntlng and tlxture dlSlIlDu'llOn centers throughout nonnern Arlzona the rm IS antlclpatlng expanslon 0t n5 sales In the c0mlng year as a result of recent populatlon growth trends The nTl's nancial analyst has prepared pro forrna balance sheets that reect three dlerent rates of growth In rrn sales for the comlng year and the correspondan nonrdlscretlonary sources of nancing the rm expects to have available, as follows a 0 Data Table - a. What are the lm's rtlscretlnnary nancing needs under each of the three growth scenarios? b. What potentlal sources otnanclng are there tor Harnson to fulll 05 needs tor dlscretlonary nancing? a. The dlscretionary nanclng needs for a 10% growth scenario are 3 . (Round to the nearest dollar.) Harrison Electronics Inc. Q, The dlscmonaw \"Hmong wads for *1 20% 9mm 559mm) are $ (Round '0 "'5 "90'5\" \"0\"\") The dlscretionary nanclng needs for a 40% growth scenarlo are $ (Round to the nearest dollar) C\" nent assets 513200.000 514.4901000 $16,300r000 Net xed assets 519,800,000 521 ,600,000 $25,200,000 b. What potentlal sources olnanclng are there tor Harnson to fulll its needs tor dlscretlonary nancing? (Select all the cholces that apply Tntal m :l A. Common stock Accounts payable $2,200,000 $2,400,000 $2,800,000 3 B, Sale of xed asses Accrued expenses 2,200,000 2,400,000 2,800,000 Notes payable No change 1,500,000 1 ,500,000 1,500,000 :I C. Notes payable. Current llublllties $5,000,000 $6,300,000 $7,100,000 3 D. Longeterrn debt. Longeterm debt No change 6,500,000 6,500,000 6,500,000 :I E. Retalned earnlngs. , , Total liabilities $12,400,000 $12,000,000 $13 000,000 Common stock (par) No change $1,000,000 $1,000,000 $1,000,000 Paidrin capital No change 2,000,000 2,000,000 2,000,000 Retalned eamings 15,550,000 15,600,000 15,700,000 Common equlty $10,550,000 $18,000,000 $03,700,000 Projected sources of nanclng $30,950,000 $31 400 000 $32 300 000 _ Discretionary nancing needs cum to select your answer(s)_ Total nan cl ng needs : Total assets Save for Later

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