Question: please reply to me as soon as possible Please use the following projections for Top-A1 Inc: Total sales of $151,000 Cost of goods sold equal

please reply to me as soon as possible

Please use the following projections for Top-A1 Inc: Total sales of $151,000 Cost of goods sold equal to 74.7 percent of sales Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of $51,500 Beginning inventory of $12,500 Age of ending inventory of 62 days Minimum cash balance of $10,700 Accounts receivable of 31 days Fixed assets of $60,700 Accounts payable of 34 days Assume Top-A1 has a dividend payout of 44 percent and that the projected not earnings are $10.796. Calculate the projected change in retained earnings for Top A1 The change in retained earnings is $. (Round to the nearest dolar.)

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!

I I cI I cannot find long term debt and Equity. pls help! thank u Please use the following projections for Top-A1 Inc.: Total sales of $146,000 Cost of goods sold equal to 75.8 percent of sales Total...

For questions 1 to 7, please use the following projections for Top-A1 Inc.: Total sales of $150,000 Cost of goods sold equal to 76 percent of sales Total expenses equal to 14 percent of sales Tax...

Please use the following projections for Top-A1 Inc: Total sales of $147.000 Cost of goods sold equal to 76.9 percent of sales Total expenses equal to 148 percent of sales Tax rate of 35 percent...

Please use the following projections for Top-A1 Inc.: Total sales of $152,000 Cost of goods sold equal to 75.3 percent of sales Total expenses equal to 15 percent of sales Tax rate of 35 percent...

. . Please use the following projections for Top-A1 Inc.: Total sales of $149,000 Cost of goods sold equal to 76 percent of sales Total expenses equal to 13.6 percent of sales Tax rate of 35 percent...

Complete pro-forma income statement for Top-A1 below:(Round to the nearest dollar.) Extra 30% off whe X Rovic Zip 3D Straic X Assignments Do Homework - Ev X G how to screenshot x 15 Dashboard X...

Please use the following projections for Top-A1 Inc. Total sales of $147,000 Cost of goods sold equal to 76.9 percent of sales Total expenses equal to 14.8 percent of sales Tax rate of 35 percent...

6. Please use the following projections for Top-A1 Inc.: Total sales of $152,000 Cost of goods sold equal to 77.6 percent of sales Total expenses equal to 13.5 percent of sales Tax rate of 35 percent...

Please use the following projections for Top-A1 Inc.: Total sales of $150000 Cost of goods sold equal to 74.1 percent of sales Total expenses equal to 13.5 percent of sales Tax rate of 35 percent...

Please use the following projections for Top-A1 Inc.: Total sales of $150,000 Cost of goods sold equal to 76.4 percent of sales Total expenses equal to 14.1 percent of sales Tax rate of 35 percent...

Q3. Using Residue Theorem Evaluate the integral 2x sin (x)? dx cos (x)

What does it mean when sampling is done without replacement? Choose the correct answer below. OA. Once a sample is taken, those individuals cannot be selected for any other samples. OB. Once a sample...

What is a network access requirement? It is the location of data procession. It is the exclusion of PII. It is a provision for an appropriate and secure user control model. It is the location of data...

The Civil Service Reform Act of 1 9 7 8 includes a concept of "underrepresentation" of EEO target groups. True False

With the current labor shortage, hiring employees with specific technical skills or training existing employees is a challenge for Quebec and Canada. Could you propose an HRM strategy to recruit...

Which of these options would you recommend for building the strongest team of quality inspectors at La Vie en Rose? What implications does it entail for HRM?

What are the main HRM challenges (up to five) that the company is likely to face if it maintains its current growth strategy?