Back to Assignment Attempts O D 1. Practice Problem 16-1 Fidurabc Development (FD) gerated 57 mon in sales last year with assets equal to 14 million. The fem operated at fulf capacity last year. According to FD's balance sheet, the only current Rabies are accounts payable, which equals 400.000. The only other ability is long-term debt, which equals $6.70,000. The common equity section is comprised of 500,000 shares of common steck with a book value equal to 12 min and $30,000 of retained saings Nest year, FD expects its increase by 21 percent. The company's net pruft margin is expected to remain at its current level, which is 15 percent of sales plans to par udsalt 0.30 per share. It plast 60,000 shares of new common stock, which will be $200,000. Estimate the additional fonts needed (A10 to atteve the forecastat sales next rear Round Grade it Now Save & Continue Continue without saying TEAM Type here to search 606000 D Back to Assignment Attempts O D 1. Practice Problem 16-1 Fidurabc Development (FD) gerated 57 mon in sales last year with assets equal to 14 million. The fem operated at fulf capacity last year. According to FD's balance sheet, the only current Rabies are accounts payable, which equals 400.000. The only other ability is long-term debt, which equals $6.70,000. The common equity section is comprised of 500,000 shares of common steck with a book value equal to 12 min and $30,000 of retained saings Nest year, FD expects its increase by 21 percent. The company's net pruft margin is expected to remain at its current level, which is 15 percent of sales plans to par udsalt 0.30 per share. It plast 60,000 shares of new common stock, which will be $200,000. Estimate the additional fonts needed (A10 to atteve the forecastat sales next rear Round Grade it Now Save & Continue Continue without saying TEAM Type here to search 606000 D