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clear? Owen's Electronics has nine operating plants in seven southwestem states Sales for last year were $100 milion, and the balance sheet at year end
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Owen's Electronics has nine operating plants in seven southwestem states Sales for last year were $100 milion, and the balance sheet at year end is similar in percentage of sales to that of previous years and this will continue in the future) Alf assets including tied assets and current dates will vary directly with sales. The firm is working at a capacity Talance cinsis) Assets Libilities and to helder Cash Account 12 Accounts receivable 27 Accrued as Tnventory Art Current as 360 Current Halities Fests 47 Notes payable 17 Costock Retaineering Total $113 Total Title and holders wity Owens Electronics has an aftertax profit margin of 7 percent and a dividend payout ratio of 20 percent sales grow by 20 percent next year, determine how many dollars of new unde are needed to finance the growth (Do not round intermediate calculations. Enter your answer in dollars, not millions, les $1234,567) Answer is complete but not entirely correct 8 00 Problem 4-27 Percent-of-sales method [LO4-3] Owen's Electronics has nine operating plants in seven southwestern states Sales for last yes were 500 million and the balance sheet at year-end is similar in percentage of sales to that of previous years and this will continue in the future) All assets including Towed assets and current liabilities will vary directly with sales. The firm is working at full capacity Assets Cash Accounts receive Inventory Current sets Fixed assets Taleht (in) 3. Accounts payable 27 Accrued was 30 Ant 366 Current litt 07 at payable stock Metanet et 5. Total des and stechetty l] Total asset Owen's Electronics has an aftertax profit margin of 7 percent and a dividend payout of 20 percent sales grow by 20 percent next year, determine how many dolas of new funds are needed to france the growth (Do not round intermediate calculations. Enter your answer in dollars, not millions $1234567) Answer is complete but not entirely correct. Nand Problem 4-27 Percent-of-sales method (L04-3] Owen's Electronics has nine operating plants in seven southwestern stes Sales for last year were $100mmon and the balance sheet at year end is similar in percentage of sales to that of previous years and this will contine in the future) Alawets including foed assets and currents will vary directly with sales. The firm working at tul capacity Balance Sheet Einwil) A Charity Acele Accounts receive 27 A Loty Aceae Carts Currett tes Coch Mtandani 5111 totalities and studierte Owen's Electronics has an attestax profit margin of 7 percent and a dividend payout ratio of 20 percent I cales grow by 20 percent next year, determine how many dollars of new funds are needed to finance the growth. Do not round Intermediate calculations. Enter your answer in dollars, not millions leg. $1234,567 Answer is complete but not entirely correct. so Step by Step Solution
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