Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

C6. Use the assumptions described in the table when modeling items that are not computed as totals or subtotals. Variable Modeling assumptions Other current assets

C6. Use the assumptions described in the table when modeling items that are not computed as totals or subtotals.

Variable

Modeling assumptions

Other current assets

Other current assets are expected to be 16.72 percent lower in the first forecast year than in the last historical year and $3,769 higher in the second forecast year than in the first forecast year

PP&E

PP&E is expected to be $5,407 higher in the first forecast year than in the last historical year and $13,905 lower in the second forecast year than in the first forecast year

Other long-term assets

Other long-term assets are expected to be 5.18 percent higher in the first forecast year than in the last historical year and 7.93 percent lower in the second forecast year than in the first forecast year

Accounts payable

Accounts payable are expected to be $2,730 higher in the first forecast year than in the last historical year and 1.59 percent higher the second forecast year than in the first forecast year

Total debt

Total debt is expected to be $4,987 lower in the first forecast year than in the last historical year and $4,987 lower in the second forecast year than in the first forecast year

Other liabilities

Other liabilities are expected to be 4.87 percent higher in the first forecast year than in the last historical year and $2,782 higher in the second forecast year than in the first forecast year

Shareholders equity

Shareholders equity is expected to be 7.85 percent lower in the first forecast year than in the last historical year and 23.19 percent higher in the second forecast year than in the first forecast year

image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Big Tech In Finance

Authors: Igor Pejic

1st Edition

139860898X, 978-1398608986

More Books

Students also viewed these Finance questions

Question

Binomial distributions have two parameters. Name them.

Answered: 1 week ago

Question

2. Describe how technology can impact intercultural interaction.

Answered: 1 week ago

Question

7. Define cultural space.

Answered: 1 week ago