Assume Top-A1 has a dividend payout of 42 percent and that the projected net earnings are $8,408.

When total sales are $154,000, age of payables is 35 days, and long-term debt is $37,411, what would be the impact on Top-A1's pro-forma long-term debt if sales were to change to $201,000 and the age of payables were to change to 50 days?

Problem 6-9 (similar to) Show Work Please use the tollowing projections tor Top-A1 Inc.: Total sales of $154,000 Cost of goods sold equal to 77 percent of sales Total expenses equal to 14.6 percent of sales Tax rate of 35 percent Beginning equity of $51,500 Beginning inventory of $11,900 Age of ending inventory of 61 days Minimum cash balance of $9,300 Accounts receivable of 32 days Fixed assets of $63,300 Accounts payable of 35 days Problem 6-9 (similar to) Show Work Please use the tollowing projections tor Top-A1 Inc.: Total sales of $154,000 Cost of goods sold equal to 77 percent of sales Total expenses equal to 14.6 percent of sales Tax rate of 35 percent Beginning equity of $51,500 Beginning inventory of $11,900 Age of ending inventory of 61 days Minimum cash balance of $9,300 Accounts receivable of 32 days Fixed assets of $63,300 Accounts payable of 35 days