Question: Please use the following projections for Top - A 1 Inc.: bullet Total sales of $ 1 4 9 comma 0 0 0 bullet Cost
Please use the following projections for TopA Inc.:
bullet Total sales of $ comma
bullet Cost of goods sold equal to percent of sales
bullet Total expenses equal to percent of sales
bullet Tax rate of percent
bullet Beginning equity of $ comma
bullet Beginning inventory of $ comma
bullet Age of ending inventory of days
bullet Minimum cash balance of $ comma
bullet Accounts receivable of days
bullet Fixed assets of $ comma
bullet Accounts payable of days
Assume TopA has a dividend payout of percent.
When total sales are $ comma age of payables is days and longterm debt is $ comma what would be the impact on TopAs proforma longterm debt if sales were to change to $ comma and the age of payables were to change to days
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