Business, 07.08.2021 01:40 renaudciera

Financial forecastingâ€‹) Sambonoza Enterprises projects its sales next year to be â€‹$ million and expects to earn percent of that amount after taxes. The firm is currently in the process of projecting its financing needs and has made the following assumptionsâ€‹ (projections): 1. Current assets will equal percent ofâ€‹ sales, and fixed assets will remain at their current level of â€‹$ million. 2. Common equity is currently â€‹$ â€‹million, and the firm pays out half of itsâ€‹ after-tax earnings in dividends. 3. The firm hasâ€‹ short-term payables and trade credit that normally equal percent ofâ€‹ sales, and it has noâ€‹ long-term debt outstanding. What areâ€‹ Sambonoza's financing needs for the comingâ€‹ year?

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Financial forecastingâ€‹) Sambonoza Enterprises projects its sales next year to be â€‹$ million and...

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