Question
A company is evaluating its financial requirements for the coming year based on its balance sheet from 2020. Estimate the company's financing requirements (total assets)
A company is evaluating its financial requirements for the coming year based on its balance sheet from 2020.
Estimate the company's financing requirements (total assets) for 2021 and its discretionary financing needs considering that the company expects sales to grow by 9% in 2021
2020
Sales 2020 75.000
Balance sheet
Current assets 6.000
Net fixed assets 9.000
Total assets
Liability and equity
Account payables 3.500
Long-term debt 5.300
Total liabilities
Paid-in capital 1.500
Retained earnings 1.900
Common equity 3.300
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
