Bondage Supply Company expects sales next year to be $310,000 Inventory and accounts receivable will have...
Bondage Supply Company expects sales next year to be $310.000. Inventory and accounts receivable will have to be increased by $65,000 to accommodate this sales level. The company has a steady profit margin of 15 percent, with a 10 percent dividend payout How much external funding will Bondage Supply Company have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing External funds needed $
Tobin Supplies Company expects sales next year to be $540,000. Inventory and accounts receivable will increase $100,000 to accommodate this sales level. The company has a steady profit margin of 30 percent with a 50 percent dividend payout How much external financing will Tobin Supplies Company have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing. External funds needed
Tobin Supplies Company expects sales next year to be $440,000. Inventory and accounts receivable will increase $85,000 to accommodate this sales level. The company has a steady profit margin of 30 percent with a 45 percent dividend payout. How much external financing will Tobin Supplies Company have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing. External funds needed =
Tobin Supplies Company expects sales next year to be $450,000. Inventory and accounts receivable will increase $90,000 to accommodate this sales level. The company has a steady profit margin of 10 percent with a 25 percent dividend payout. How much external financing will Tobin Supplies Company have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.
Antivirus Inc. expects its sales next year to be $2,600,000. Inventory and accounts receivable will increase by $490,000 to accommodate this sales level. The company has a steady profit margin of 20 percent with a 40 percent dividend payout. How much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.
Tobin Supplies Company expects sales next year to be $520,000. Inventory and accounts receivable will increase $90,000 to accommodate this sales level. The company has a steady profit margin of 20 percent with a 30 percent dividend payout. How much external financing will Tobin Supplies Company have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing. Please show steps. No handwritten/photo explanations. Thank you.
Question 3 The company expects sales of S672 500 next year. The profit margin is 4.6 percent and the firm has a 15 percent dividend payout ratio. (Note: profit margin - Net Income/Sales) What is the projected increase in retained earnings ? 1 points Save Answer O a. $26.29s O b. $17.501 O c. $4,640 O d. $20,640 O e. $30,935
Bohemian Manufacturing Company reported sales of $820,000 at the end of last year, but this year, sales are expected to grow by 10%. Bohemian expects to maintain its current profit margin of 21% and dividend payout ratio of 10%. The following information was taken from Bohemian's balance sheet: Total assets: Accounts payable: Notes payable: Accrued liabilities: $400,000 $70,000 $35,000 $65,000 Based on the AFN equation, the firm's AFN for the current year is A positively signed AFN value represents: O...
Galehouse Gas Stations Inc. expects sales to increase from $1,510,000 to $1,710,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 30 percent of sales. His firm has an 8 percent return on sales and pays 45 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will 1 increase by decrease by b. If the dividend payout is only 30 percent, what effect will this growth have on...
Galehouse Gas Stations Inc. expects sales to increase from $1,520,000 to $1,720,000 next year. Galehouse believes that net assets (Assets - Liabilities) will represent 35 percent of sales. His firm has an 9 percent return on sales and pays 50 percent of profits out as dividends. a. What effect will this growth have on funds? The cash balance will b. If the dividend payout is only 35 percent, what effect will this growth have on funds? The cash balance will