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just need answers Click Submit to complete this assessment. Cuck Submit to complete this assessment. 7 10 points Save The financial management team of Simon
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Cuck Submit to complete this assessment. 7 10 points Save The financial management team of Simon Enterprises is getting ready for its annual account review with iS banker The company is considering an expansion next year. and this would require additional financing. The CFO needs to prepare a financial forecast and determine how much financing they will need. Last year, Simon had sales of $100 million and was already operating at capacity. The sales and marketing team is confident this expansion would result in a sales increase of 15%. Balance Sheet (Millions) Liabilities & Shareholder's Equity Accounts Receivable Inventory Current Assets Capital Assets TOTAL Assets The after-tax profit margin is Oivdend payout is 20% QUESTIONS: $5 11 22 38 76 Accounts Payable Accrued Wages Accrued Taxes Current Liabilities Long-term Debt Common Stock Retained Earnings TOTAL Liabilities & Shareholder's Equity $7 6 5 18 15 20
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