Question
Complete the model and state the cash balance required to balance the balance sheet in Year 1. AssumptionsYear 0Year 1Investments growth5.0Accounts payable % net income50.0%Long
Complete the model and state the cash balance required to balance the balance sheet in Year 1.
AssumptionsYear 0Year 1Investments growth5.0Accounts payable % net income50.0%Long term debt increase (decrease)1.0Income statementYear 0Year 1Net income12.014.0Balance sheetYear 0Year 1Cash12.0Investments60.0Total assets72.0Accounts payable12.0Long term debt20.0Equity40.0Total liabilities and equity72.0CheckOKCash flow statementNet incomeIncrease (decrease) in accounts payableCash flow from operations(Increase) decrease in investmentsCash flow from investing activitiesInc (dec) in long term debtCash flow from financing activitiesBeginning cashNet cash flowEnding cash12.0
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Elements Of Chemical Reaction Engineering
Authors: H. Fogler
6th Edition
013548622X, 978-0135486221
