Question: pls help me solve this question as soon as possible thanks Consider the balance sheet of a rm below: Balance Sheet (in S millions) Assets
pls help me solve this question as soon as possible thanks


Consider the balance sheet of a rm below: Balance Sheet (in S millions) Assets liabilities and Stockholders' Equity Cash ........................................... $ 27 Accounts payable ....................... $20 Accounts receivable ................... 2S Accrued wages ........................... 7 Inventory .................................... g Accrued taxes ............................. J Current assets ........................... $80 Current liabilities ...................... $40 Fixed assets ................................ g Notes payable ............................. 15 Common stock ........................... 20 Retained earnings ....................... Total liabilities and stockholders' If the firm's sales for last year were $100 million, and the balance sheet at year-end is similar in percentage of sales to that of previous years (and this will continue in the future). All assets (including fixed assets) and current liabilities will vary directly with sales. The firm's after-tax profit margin is 10% and dividend payout ratio is 40%. (a) The amount of the expected profit next year will be $ million if sales will grow by 25% per year. (2 marks) (b) Assuming the firm is operating at full capacity, the new funds needed to finance the sales will be $ million if sales will grow by 25% next year. (2 marks) (c) The new funds needed to finance the sales will be $ million if sales will grow by 25% next year and the firm is not operating at full capacity. (2 marks)
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