NJSX54661

16.10.2020 • 

Business

Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2019 to $10.75 million in 2020. Its assets totaled $2 million at the end of 2019. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 45%. Required:
Use the AFN equation to forecast Broussard's additional funds needed for the coming year.

Ответ:

xaviuzc

04.02.2022

Business

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$236,500

Explanation:

Using the AFN equation to forecast Broussard's additional funds

Sales expected in 2019 2,150,000

( 8,600,000* .25)

After-tax profit margin 430,000

(10,750,000*4%)

Dividend payments 193,500

[$430,000 * 45%]

Addition to retained earnings $236,500

[$430,000 - $193,500]

Therefore forecast Broussard's additional funds needed for the coming year will be $236,500

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Ответ:

mathman783

20.08.2021

Business

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which you can round up to 7 days, or about a week.the -intercept occurs at a point where , making the value of the intercept. we have , which corresponds to the radius of the algae sample at the start of the experiment.the average rate of change over the given timeframe issince represents the sample's radius, we find that 0.114 is the average rate at which the sample grows in the span of 5 days.

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