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Please explain the math you did as well for each question as well as the formula so I can replicate it with different numbers. Assume
Please explain the math you did as well for each question as well as the formula so I can replicate it with different numbers.
Assume that current sales is $1 million, that total assets is $9 million and that capacity is 100%. How much will assets need to grow if sales are projected to increase to $1.15 million? A. $0.15 million Question 1 B. $1.0 million C.$1.35 million D. $1.5 million E. Not enough information Assume that current sales is $1 million, that current assets are $2 million, total assets are $9 million and that capacity is 50%. How much will assets need to be if sales are projected to increase to $1.25 million? A. $1.05 million Question 2 B. $0.5 million C. $1.35 million D. $0.85 million E. Not enough information What is AFN/EFN if the total assets is equal to $25 million, the Current Liabilities is $1 million, the long-term debt is $12.5 million and the owner's equity is projected to be $11.25 million? A. $1.05 million Question 3 B. $0.25 million C. -$0.25 million D.-$1.55 million E. Not enough information If EFN/AFN is a negative number, what does that mean? A. The firm doesn't have enough money to pay for all the assets it needs. B. The firm has just enough money to pay Q4 for all the assets it needs. C.The firm has more than enough money to pay for what it needs. D.None of the aboveStep by Step Solution
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