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How much is R&E's projected total assets for 2015? Disregarding financing feedback, how much is R&E's projected external financing required in 2015? Considering ( not
How much is R&E's projected total assets for 2015?
Disregarding financing feedback, how much is R&E's projected external financing required in 2015?
Considering (not disregarding) financing feedback, how much is R&E's projected external financing required in 2015?
Disregarding financing feedback, how much is R&E's projected external financing required for 2015 if the ratio of cost of goods sold to net sales declines from 86.0 percent to 84.0 percent?
Actual Forecast Year 2014 2015 Net sales $22,000 Growth rate in net sales 20.0% Cost at goods soldet sales 86.0% Gen., sell., and admin. expenseset sales 12.0% Long-term debt $760 $660 Current portion long-term debt $100 $100 Interest rate 7.0% Tax rate 45.0% Dividend/earnings after tax 25.0% Current assetset sales 29.0% Net fixed assets $280 (Current liabilities except current portion of long term debt)et sales 14.0% Owners equity $1,730 Actual Forecast Year 2014 2015 Net sales $22,000 Growth rate in net sales 20.0% Cost at goods soldet sales 86.0% Gen., sell., and admin. expenseset sales 12.0% Long-term debt $760 $660 Current portion long-term debt $100 $100 Interest rate 7.0% Tax rate 45.0% Dividend/earnings after tax 25.0% Current assetset sales 29.0% Net fixed assets $280 (Current liabilities except current portion of long term debt)et sales 14.0% Owners equity $1,730Step by Step Solution
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