A firm's current level of operation (for example, at 90% of its operating capacity) can be...
A firm's current level of operation (for example, at 90% of its operating capacity) can be used to project the firm's account value of __________________ when preparing pro forma financial statements.
| A | sales |
| B | cost of goods sold |
| C | accounts receivable |
| D | fixed assets |
| E | long-term debt |
Homework Answers
Option (A) is correct
Sales can be projected by analyzing firm's current level of operation. For example, if expected sales at full capacity of 100% are 10000 units, then at 90% capacity, forecasted sales will be 90% * 10000 = 9000 units.
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found in these statements.
(NOTE: Show your workings)
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a.
Assume that the company was operating at full capacity in 2016 with
regard to all items except fixed assets; fixed assets in 2016 were
being utilized to only 75% of capacity. By what percentage could
2017 sales increase over 2016 sales without the need for an
increase in fixed assets? Round your answer to two decimal
places.
b. Now suppose 2017 sales increase by 30% over 2016 sales.
Assume that Krogh cannot sell any fixed assets. All...
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PROJECT:
Select any bank / firm of your choice. Take out its financial
statements.
Calculate the following ratios according to the information
found in these statements.
(NOTE: Show your workings)
1. Operating Cycle. Inventory Number of days of inventory - Average day's cost of goods sold Inventory cost of goods sold / 305 Number of days of receivables = Accounts receivable Average day's sales on credit Accounts receivable Sales on credit / 365 Number of days of payables - Accounts...
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Select any bank / firm of your choice. Take out its financial
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Calculate the following ratios according to the information
found in these statements.
(NOTE: Show your workings)
1. Operating Cycle. Inventory Number of days of inventory - Average day's cost of goods sold Inventory cost of goods sold / 305 Number of days of receivables = Accounts receivable Average day's sales on credit Accounts receivable Sales on credit / 365 Number of days of payables - Accounts...
i need all the blanks in both pictures please. thank
you!
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