Answer is 592000 (.592 Million)
calculations are given below
CARLSBAD CORPORATION | AFN Equation | |||||||||||
2016 | 2017 | AFN = A*(ΔS/S0) - L*(ΔS/S0) - M(S1)(RR) | ||||||||||
Sales(S) | 5000000 | 6000000 | AFN | 592000 | ||||||||
S0 | 5000000 | |||||||||||
S1 | 6000000 | |||||||||||
ΔS | 1000000 | |||||||||||
Assets(A*) | 4000000 | A = A* (as company operates in full capacity) | ||||||||||
ΔA | ||||||||||||
Current Liabilities | 1000000 | |||||||||||
L* | 500000 | L* are the liabilities that increase spontaneously with sales. So it does not include bank loans/notes payable | ||||||||||
Profit margin (M) | 6% | |||||||||||
Retention ratio (RR) | 30% | |||||||||||
AFN EQUATION Carisbad Corporation's sales are expected to increase from 5 milion in 2016 to 56...
AFN EQUATION Carsbad Corporation's sales are expected to increase from $5 milion in 2016 to 56 mllon in 2017, or by 20%. Its assers totaled $6 million at the end of 2016. Calsbad is at full capacity, so its assets muat grew in proportion to propected sales. At the end of 2036. eurrent lablites are $1 milian, conaisting of $250.000 of accounts payable, $500.000 af nots payable, and $250.000 of acerued labilites. Is proft margin is forecasted to be 4%...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $6 milion at the end of 2016. Carlsbad is a full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%,...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $4 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%,...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $3 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%,...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $3 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 5%,...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $2 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%,...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $6 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 5%,...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $5 million at the end of 2016. Carlsbad at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 5%, and...
AFN EQUATION Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $6 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2016, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 6%,...
AFN EQUATION Carlsbad Corporation's sales are epected to increase from $5 million in 2016 to $6 milion in 2017, or by 20%. Its asses totaled $5 milion at the end of 2016. Casbad is ac full capacity, so ies assets must grow in proportion to projected sais Ac the end of 2016 cut labiles are $1 milion, contng of $250,000 af accounts payable. s500,000 of notes payable, and $250,000 of accrued labilinies Its proft margin is forecasted to be 3%,...