Question
Assets Liabilities cash 35000 accounts payable 150000 A/R 125000 accrued expenses 10000 Inventory 50000 total current liabilites 160000 Total Current Assets 210000 notes payable 50000
Assets Liabilities cash 35000 accounts payable 150000 A/R 125000 accrued expenses 10000 Inventory 50000 total current liabilites 160000 Total Current Assets 210000 notes payable 50000 Plant and Equipment 80000 Total Assets 290000 total liabilities 210000 Equity Equity Common stock 50000 Prior Sales 500000 Retained Earnings 30000 Dividend Payour Ratio 35% Profit Margin 10% Total Equity 80000 Total Liabilities and 290000 Equity a. Create a new balance sheet using percent of sales with sales = $750000 b. Calculate the Required New Funds assuming full capacity c. Calculate the Required New Funds assuming no new PPE required
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