ChangWu Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN) using data shown below. What is the additional funds needed (AFN) for the coming year? Last yr's sales = S0 $200,000 Last yr's accounts payable $50,000 Sales growth rate = g 40% Last yr's notes payable $15,000 Last yr's total assets = A*0 $162,500 Last year's accruals $20,000 Last yr's profit margin = M 20.0% Target payout ratio 25.0%
Additional Funds Needed: Change in Assets - Change in Liabilities - Addition to Retained Earnings
Additional Funds Needed: 162500 * 40% - (20000 + 50000) * 40% - Current Sales * (1 + g) * Margin Rate * (1 - Pay Out Ratio)
Additional Funds Needed: 162500 * 40% - (20000 + 50000) * 40% - 200000 * (1 + 0.40) * 20% * (1 - 25%)
Additional Funds Needed: $65000 - $28000 - $42000
Additional Funds Needed: - $5000
ChangWu Inc. is planning its operations for next year, and the CEO wants you to forecast...
16. Chua Chang & Wu Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? $200,000 Last year's sales = So Sales growth rate =g Last year's total assets = Ao* Last year's profit margin =PM 40% $127,500 20.0% Last year's accounts $50,000 payable Last year's notes...
In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = S0 $200,000 Last year's accounts payable $50,000 Sales growth rate = g 40% Last year's notes payable $15,000 Last year's total assets =...
In your internship with LLT Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? (5 points) Last year's sales = S0 $200,000 Sales growth rate = g 40% Last year's total assets = A0* $135,000 Last year's profit margin = PM 20.0% Last year's...
1. In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = S0 $200,000 Last year's accounts payable $50,000 Sales growth rate = g 40% Last year's notes payable $15,000 Last year's total assets...
Reno is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = $250 Sales growth rate = 28% Last year's total assets = $450 Last year's profit margin = 4% Last year's accounts...
In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = S0 $200,000 Last year's accounts payable $50,000 Sales growth rate = g 40% Last year's notes payable $15,000 Last year's total assets =...
Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = S0 $350 Last year's accounts payable $40 Sales growth rate = g 30% Last...
Clayton Industries is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed. The only items he wants you to focus on are given below. Forecast increases in assets, liabilities and retained earnings for the items given below and determine additional fund needed. (3 points) Hint: You can use the formula orforecast each identified item. Data for use in your forecast are shown below. $500 Last year's sales Sales growth...
NEED ANSWER ASAP / ANSWER NEVER USED BEFORE a.) Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = S0 $350 Last year's accounts...
(a) Daniel Sawyer, the CEO of the Sawyer Group, is initiating planning for the company's operations next year, and he wants you to forecast the firm's additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions.Last year's sales = S0$350Last year's accounts payable$40Sales growth rate = g30%Last year's notes payable$50Last year's total assets...