Sales next year = 984,000 x (1 + 30%) = 1,279,200
Accounts receivables = -98,770 + 0.225 x 1,279,200 = 189,050
Inventories = 9,110 + 0.211 x 1,279,200 = 279,21
Ch 16: Assignment - Financial Planning and Forecasting Attempts: Keep the Highest: 12 5. Using regression...
5. Using regression analysis to forecast assets The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a little more difficult than that. In particular, some firms use regression analysis to predict the required assets needed to support a given level of sales. Mainway Toys Co. has used its historical sales and asset data to estimate the following regression equations: Accounts...
5. Using regression analysis to forecast assets The AFN equation and the financial statement–forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a little more difficult than that. In particular, some firms use regression analysis to predict the required assets needed to support a given level of sales. Mile Brewing Co. has used its historical sales and asset data to estimate the following regression equations: Accounts...
The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a little more difficult than that. In particular, some firms use regression analysis to predict the required assets needed to support a given level of sales. Incom Corp. has used its historical sales and asset data to estimate the following regression equations: Accounts Receivable Inventories = = -$99,220 + 0.249(Sales) $10,120...
The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a little more difficult than that. In particular, some firms use regression analysis to predict the required assets needed to support a given level of sales. Mainway Toys Co. has used its historical sales and asset data to estimate the following regression equations: Accounts Receivable = = -$85,230 +0.249(Sales) $9,340 +...
The AFN equation and the financial statement-forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a little more difficult than that. In particular, some firms use regression analysis to predict the required assets needed to support a given level of sales. General Services Corp. has used its historical sales and asset data to estimate the following regression equations: Accounts Receivable Inventories - - -$85,230 + 0.265(Sales)...
5. Using regression analysis to forecast assets The AFN equation and the financial statement–forecasting approach both assume that assets grow at relatively the same rate as sales. However, the relationship between assets and sales is often a little more difficult than that. In particular, some firms use regression analysis to predict the required assets needed to support a given level of sales. Mile Brewing Co. has used its historical sales and asset data to estimate the following regression equations: Accounts...
Sirius Cybernetics Corp. currently has sal calculate Sirius Cybernetics Corp.'s foreca $349,135 1000, $303,596 for acc $273,236 $364,315 Forecasted Values for Next Year Accounts receivable Inventories Sirius Cybernetics Corp. currently has sal htly has sal $365,342 1000, but it calculate Sirius Cybernetics Corp.'s foreca for account $292,274 $383,609 Forecasted Values for Next Year $401,876 Accounts receivable Inventories 62.37 days Forecasted Values Accounts receivable 69.30 days Inventories 48.51 days 65.83 days Based on the next yea year is expected to be...
Ch 04: End-of-Chapter Problems-Analysis of Financial Statements <Back to Assignment Attempts: 0 Keep the Highest: 0/11 12. Problem 4.20 Click here to read the eBook: Asset Management Ratios Problem Walk-Through DSO AND ACCOUNTS RECEIVABLE Ingraham Inc. currently has $735,000 in accounts receivable, and its days sales outstanding (DSO) is 67 days. It wants to reduce its DSO to 20 days by pressuring more of its castomers to pay their bills on time. If this policy is adopted, the company's average...
04. Enu-01-Clldpter Problems- Analysis of Financial Statements x ck to Assignment Attempts: Keep the Highest: /1 12. Problem 4.20 Click here to read the eBook: Asset Management Ratios Problem Walk-Through DSO AND ACCOUNTS RECEIVABLE Ingraham Inc. currently has $675,000 in accounts receivable, and its days sales outstanding (DSO) is 71 days. It wants to reduce its DSO to 25 days by pressuring more of its castomers to pay their bills on time. If this policy is adopted, the company's average...
5. Financial ratios in the forecasting process Malty Publications Inc. currently has $660,000 in accounts receivable and generated $4,910,000 in sales (all on credit) during the year that just ended. The firm's days sales outstanding (DSO) is days? Use 365 days as the length of a year in all calculations. Malty Publications Inc.'s CFO is unhappy with its DSO and wants to improve collections next year. Sales are expected to grow by 16% next year, and the CFO wants to...