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Can you please explain how to find the values for the blanks? Thank you The Eagle Feather Fabric Company expects to complete the current year
Can you please explain how to find the values for the blanks? Thank you
The Eagle Feather Fabric Company expects to complete the current year with the financial results given below. Forecast next year using a modified percentage of sales method assuming no dividends are paid and no new stock is sold along with the following: a. A 22% growth in sales and a 40% growth in net fixed assets. b. A 15% growth in sales with a 10% growth in expenses and a 20% growth in net fixed assets. (Note that negative debt means the business will generate more cash than is currently owed.) Enter your answers in thousands. For example, an answer of $12 thousands should be entered as 12, not 12,000. Round your answer to the nearest thousand. Enter al amounts as a positive number. The Eagle Feather Fabric Company expects to complete the current year with the financial results given below. Forecast next year using a modified percentage of sales method assuming no dividends are paid and no new stock is sold along with the following: a. A 22% growth in sales and a 40% growth in net fixed assets. b. A 15% growth in sales with a 10% growth in expenses and a 20% growth in net fixed assets. (Note that negative debt means the business will generate more cash than is currently owed.) Enter your answers in thousands. For example, an answer of $12 thousands should be entered as 12, not 12,000. Round your answer to the nearest thousand. Enter al amounts as a positive numberStep by Step Solution
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