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Cash 1 AP 2 Receivables 15 NP 11 Inv 11 LOC 0 Total CA 27 Acc 5 NFA 24 Total CL 18 Total Assets 51
Cash | 1 | AP | 2 | |
Receivables | 15 | NP | 11 | |
Inv | 11 | LOC | 0 | |
Total CA | 27 | Acc | 5 | |
NFA | 24 | Total CL | 18 | |
Total Assets | 51 | Long-term Debt | 12 | |
Common stock | 15 | |||
RE | 6 | |||
Total L + CE | 51 |
Current Sales | 100 |
Net income | 5 |
Sales Growth 15% | |
Dividends | 1 |
Using % of sales basis forecasting, how could I project next year's current assets?
Can you please assist with a step by step guidance, thank you.
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