Business, 07.09.2021 21:00 icantspeakengles
Financial forecasting) Sambonoza Enterprises projects its sales next year to be $ 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 assumptions (projections): 1. Current assets will equal percent of sales, and fixed assets will remain at their current level of $ million. 2. Common equity is currently $ million, and the firm pays out half of its after-tax earnings in dividends. 3. The firm has short-term payables and trade credit that normally equal percent of sales, and it has no long-term debt outstanding. What are Sambonoza's financing needs for the coming year?
Answers: 2
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Business, 22.06.2019 22:30
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Financial forecasting) Sambonoza Enterprises projects its sales next year to be $ million and expe...
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