Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please answer both of the question, I am really stuck with these and need help. Thanks! QUESTION 17 The most recent financial statements for ZMAC,
Please answer both of the question, I am really stuck with these and need help. Thanks!
QUESTION 17 The most recent financial statements for ZMAC, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales S6,500 Assets $18,100 Debt $5,300 Costs 4.400 Equity $12.800 Net income $2.100 Total $18,100 Total $18,100 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $ 7910.What is the external financing needed? Calculate (and enter) answer to 2 decimal places. QUESTION 18 Jack's currently has $798,200 in sales and is operating at 73% of the firm's capacity. What is the full capacity level of sales? $1,380,886 $804,927 $582,686 $1,013,714 O $1,093,425Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started