Question: PLEASE ANSWER Assignment questions/tasks: Q1 Answer the auestions below using the following information: Current sales (millions) for Wooten Sims LLC Next year sales growth operating
PLEASE ANSWER
Assignment questions/tasks: Q1 Answer the auestions below using the following information: Current sales (millions) for Wooten Sims LLC Next year sales growth operating assets (current period; millions) s.t. debt (current period; millions) accounts payable (current period; millions) accruals (current period; millions) profit margin, expected to remain stable of earnings paid each period as dividends Q1a Under the current forecast, what is the dollar amount of Additional Funds Needed? Q1b How much external capital would the firm have to raise to make the plan work? Q1c Does the forecast seem reasonable based on the AFN value and what you know about the size of the firm? Why or why not? Q1d Compute the self-supporting growth rate for Wooten Sims Q1e What does this growth rate mean? Be sure to mention the AFN in your answer SHOW WORK HERE. HIGHLIGHT FINAL ANSWER IN YELLOW
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