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Jennifer Company forecasts that its sales could grow or for the next year 2000, and the francia manager is planning to meet the forecasts by

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Jennifer Company forecasts that its sales could grow or for the next year 2000, and the francia manager is planning to meet the forecasts by planning for additional instments for the current year 2018, the company's purchases goods from its sole suppliers terms of 3.0 and pay on its due time. Mit Conany jest practs for the ones yow 2019. Below are income tamen and balance sheet all numbers in millions of dollars Jennifer Company Income Statement for the year 2019 COAS $ 1300 Operating costs Caring before interest and tax Earning before tax $ 2100 $ 120 52100 $ 872 $ 1308 $ 1047 e income Dividend Jennifer Company Balance Sheet for the year 2019 5 Ants Cash Accounts Receivable Inventory Total 53120 Payable to accruals Short term loan Total Currently Long-term Total Common stock $ 40 $ 200 $1250 $ 1900 $ 140 $1000 $ 1140 Total comment Totalibandy 1) Calculate the Nominal annual cost of trade credit for 2019. OS O 11734 49081 O 6151 None of the above 2) Calculate the Effective annual cost of trade credit for 2019. 0 54.161 117.341 0490 62.155 None of the above 3 Jun .docs.google.com 3) Calculate the spontaneous increase in abilities for 2020. $20 million $304 million O million O $470 million None of the above 4) Calculate the approximate increase in retained earnings for 2020. - $80408 million O $340 08 mi O $207.1 million $0.2 million O None of the above 5) Calculate the approximate additional funds needed (AFN to reach the projected growth plan for 2020. O $1.366.8 milion O $1.477.2 million $505.92 $4340 milion None of the above 6) Calculate the firm's approximate sustainable growth rate 10.231 O 5791 04 O None of the above 7) Calculate the approximate growth rate that the company can reach in 2020 it the company is able to invest $700 milions as additional funds O 47851 0 2051 O 0.45 0 7 None of the above n docs.google.com a) What is the firm's inventory conversion period in 2019? 19.25 days O 71.18 days O 219 days 222 days None of the above 9) What is the firm's average collection period in 2019? 16.45 days 20 days 0 27.375 days 94.23 days None of the above 10) What is the firm's payable deferral period in 2019? 16.45 days 20 days 0 27.375 days O 1423 days None of the above 1) What is the firm's cash conversion period in 2019? O 14.2 days O 107.395 days 162.145 days None of the above 12) Assume in 2019 the company wants to lower it's average collection period by one week without any change in other variables, then by how much it should approximately reduce its Account Receivables to reach it's target? O 5674 milion 5767 milion OS None of the stove Back Submit Page 4 of 4

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