Question
1. answer all 3 question parts within 2 hours and I will thumbs up! thank you A) For the next fiscal year, you forecast net
1. answer all 3 question parts within 2 hours and I will thumbs up! thank you
A) For the next fiscal year, you forecast net income of $50,600 and ending assets of $504,700. Your firm's payout ratio is 9.6%. Your beginning stockholders' equity is $295,800, and your beginning total liabilities are $120,800. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10,000. What will be your net new financing needed for next year? Round to nearest dollar
B) Based on Jim's expectation of 10.2% sales growth and payout ratio of 82.92% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? The total new _____ (required or excess) financing will be $__(enter your response here.) (Round to the nearest dollar.)
C)
For the next fiscal year, you forecast net income of $50,600 and ending assets of $504,700. Your firm's payout ratio is 9.6%. Your beginning stockholders' equity is $295,800, and your beginning total liabilities are $120,800. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10,000. What will be your net new financing needed for next year? The net financing required will be $ (Round to the nearest dollar.) Statements Global developed the pro forma financial statements given below. Assume that Global Corp. expects sales to grow by 7% next year, pays out 50% of its net income, and needs $8.5 million of net new financing. If Global decides that it will limit its net new financing to no more than $8 million, how will this affect its payout policy? Click the icon to view Global's financial statements. If Global limits new financing to only $8 million, then it would need to its payout to shareholders by $ million to make up the difference on its balance sheet. (Round to one decimal place.) Data table
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