Question: Please see attached need help ASAP. Question in more than one part .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fle... # Chapter 18 Homework i Saved Help Save & Exit Su Check


Please see attached need help ASAP. Question in more than one part


.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fle... # Chapter 18 Homework i Saved Help Save & Exit Su Check my w BALANCE SHEET, YEAR-END, 2019 Assets Liabilities Current assets Current liabilities Cash $ 8,000 Accounts payable 7.33 $ 15, 000 Accounts receivable 13,000 Total current liabilities 15,000 points Inventories 29,000 Long-term debt 290, 090 Total current assets $ 50,000 Stockholders' equity Net plant and equipment 330,090 Common stock plus additional paid-in capital 15, 060 Retained earnings 60,000 eBook Total assets $ 380,000 Total liabilities plus stockholders equity $ 380,000 Print Sales and costs are projected to grow at 30% a year for at least the next 4 years. Both current assets and accounts payable are projected to rise in proportion to sales. The firm is currently operating at 75% capacity, so it plans to increase fixed assets in proportion to sales. Interest expense will equal 10% of long-term debt outstanding at the start of the year. The firm will maintain a dividend payout ratio of 0.40. What is the required external financing over the next year? (Enter excess cash as a negative number with a minus sign.) External financing Prey 1 of 3: Next > Mc Type here to searchO https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fle. G Chapter 18 Homework i Saved Help Save & Che The 2019 financial statements for Growth Industries are presented below. INCOME STATEMENT, 2019 7.33 Sales Costs $ 390,000 points 245,000 EBIT $ 145,000 Interest expense 29,000 Taxable income eBook $ 116,000 Taxes (at 21%) 24, 360 Net income Print $ 91, 640 Dividends $ 36, 656 Addition to retained earnings $ 54,984 BALANCE SHEET, YEAR-END, 2019 Assets Liabilities Current assets Current liabilities Cash $ 8,000 Accounts payable $ 15,080 Accounts receivable 13,000 Total current liabilities 15,000 Inventories 29,000 Long-term debt 290,000 Total current assets $ 50,000 Stockholders' equity Net plant and equipment 330,000 Common stock plus additional paid-in capital 15,000 Retained earnings 60,080 Total assets $ 380,000 Total liabilities plus stockholders' equity $ 380,000 Sales and costs are projected to grow at 30% a year for at least the next 4 years. Both current assets and accounts payable are projected to rise in proportion to sales. The firm is currently operating at 75% capacity, so it plans to increase fixed assets in proportion Prev 1 of 3 Next > Graw Type here to search O
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