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just need answers please Use the er the 1-11 you to forecast the firm's additional funds needed for the its sales of RM480,000 in the
just need answers please
Use the er the 1-11 you to forecast the firm's additional funds needed for the its sales of RM480,000 in the Berjaya coming year. t last Its sales are expected to increase by 25% from year Its last year's net income and total assets are RM18,200 and RM630,00 nnpectively. In the last year, accounts receivable is RMI17,000, accounts payable is 56 000notes payable is RM4R.000, and accruals are RM20.000. The firm is operating at full capacity. The target payout trio is 65% 7) What is the forecasted sales? a) RM120,000 b) RM600,000 c) RM787,500 d) RM22,7s0 8) What is the change in sales? a) RM120,000 b) RM600,000 c) RM787,500 d) RM22,750 9) What is the profit margin? a) 0.038 b) 1.31 c) 26.37 d) 32.96 10) What is the retention ratio? a) 0.65 b) 0.35 e) 1 4)0.75 11) What is the additional fund needed (AFN) for the coming year? a) RM128,712.5 b) RM135,537.5 e) RM140,542.5 d) RM141,907.5 12) Suppose you have RM2,000 and plan to purchase a 10-year certificarec a pays 6.5% interest deposit matures? a) RM2782 b) RMI,065.5 e) RM3,7543 compounded annually, How much will you have when the certificate ofStep by Step Solution
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