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( Financial forecastinglong dashdiscretionary financing needs ) Sambonoza Enterprises projects its sales next year to be $ 4 million and expects to earn 5 percent
Financial forecastinglong dashdiscretionary financing needs Sambonoza Enterprises projects its sales next year to be $ million and expects to earn percent of that amount after taxes. The firm is currently in the process of projecting its financing needs and has made the following assumptionsprojections:
Current assets will equal percent of sales, and fixed assets will remain at their current level of $ million.
Common equity is currently $million and the firm pays out half of its aftertax earnings in dividends.
The firm has shortterm payables and trade credit that normally equal percent of sales, and it has no longterm debt outstanding.
What are Sambonoza's financing requirementsie total assets and discretionary financing needs DFN for the coming year?
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Part
What are Sambonoza's financing requirements or total assets for the coming year?
$
enter your response here million.Round to two decimal places.
Part
What are Sambonoza's discretionary financing needs DFN for the coming year?
$
enter your response here million.Round to two decimal places.
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