Business, 16.04.2020 15:40, hahalol123goaway
Green Caterpillar Garden Supplies is currently in the process of forecasting sales, asset requirements, and required funding for the coming year. In the year that just ended, the firm generated $350,000 net income on sales of $14,000,000. The firm expects sales to increase by 15% this coming year and also expects to maintain its long-run dividend payout ratio of 45%. Total Current Assets $900,000, Total Current Liabilities $500,000.
Suppose Green Caterpillar Garden Supplies Inc's assets are fully utilized. Use the additional funds needed (AFN) equation to determine the increase in total assets that is necessary to support Green Caterpillar Garden Supplies Inc.'s expected sales.
a. $540,000
b. $450,000
c. 427,500
d. 382,500
Answers: 3
Business, 22.06.2019 01:20, 15krystall
Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her
Answers: 1
Business, 22.06.2019 02:20, Shaynnn6292
The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?
Answers: 3
Green Caterpillar Garden Supplies is currently in the process of forecasting sales, asset requiremen...
Biology, 25.04.2021 14:00
Business, 25.04.2021 14:00
Mathematics, 25.04.2021 14:00
Computers and Technology, 25.04.2021 14:00
Mathematics, 25.04.2021 14:00
German, 25.04.2021 14:00