Question
Please help me forecast the following income and balance sheets for Ziebler Corporation: 1.) Assume sales grow by 6%. 2.) The ratios of expenses to
Please help me forecast the following income and balance sheets for Ziebler Corporation: 1.) Assume sales grow by 6%. 2.) The ratios of expenses to sales , depreciation to fixed assets, cash to sales, accounts receivable to sales and inventories to sales will be the same in 2014 as 2013. 3.) Ziebler will not issue any new stock or new long term bonds. 4.) The interest rate is 11% for long-term debth and interest expense onlong-term debt is based on the average balance during the year. 5.) No interest is earned on cash. 6.) Dividends grow at an 8% rate. Calculate the additional funds needed, (AFN.
2010:
Sales = $350.00
Net Income = 10.50
Profit Margin = 0.03%
Dividends Paid = 4.20
Payout Ratio = 40%
RR = 60%
2011
Sales Increase = 70.00
%increase =
Sales =
Profit Margin =
Net Income =
Profit ARatio =
Dividend Paid =
RR =
Please provide step by step calculations so I can learn. Thank you.
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