Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please reply to me as soon as possible Total sales of $154.000 o Cost of goods sold equal to 77 A percent of Total expenses

please reply to me as soon as possible image text in transcribed
image text in transcribed
image text in transcribed
Total sales of $154.000 o Cost of goods sold equal to 77 A percent of Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of 552,000 Beginning invertory of $12,400 Age of ending inventory of 58 days Minimum cash balance of $10.700 Accounts receivable of 32 days Fixed assets of $60.000 Accounts payable of 4 days Assume Top-A1 has a dividend payout of 37 percent When total sales are $154,000, age of payables is 34 days and long-term debt is $35,096, what would be the impact on Top Asproforma largo del sales were to charge to 204.000 and 10 yables were to change t47 days? Complete the pro-forma income statement for Top A1 below (Round to the nearest dollar.) Top-A1 Inc. Pro Forma Income Statement Sales $ Cost of goods sold $ Gross profit $ Total operating expenses $ Earnings before tax (EBT) $ $ Not earnings $ Enter any number in the edit fields and then continue to the next question This Quis pour Total sales of $154,000 Cost of goods sold equal to 77 A percent of sales Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of $52.000 Beginning inventory of $12.400 Age of ending Inventory of 58 days Minimum cash balance of $10.700 Accounts receivable of 32 days Fixed assets of $60,000 Accounts payable of 34 days assume Top-A1 has a dividend payout of 37 percent Vhen total sales are $154,000, age of payable is 34 days and long-term debt is $35.0, what would be the mpact on Top Al's proforma long term de les were to change to $20,000 and eage of toch? Top A1 Inc. Pro-Forma Balance Sheet Assets: $ Cash Accounts receivable $ Inventory $ Fixed assets $ $ Total assets Liabilities: Accounts payable $ Total sales of $112.000 . Cost of goods sold equal to 77 A percent of sales Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of $52,000 Beginning inventory of $12,400 Age of ending inventory of 58 days - Minimum cash balance of $10,700 Accounts receivable of 32 days . Fixed assets of $60,000 Accounts payable of 34 days Assume Top-A1 has a dividend payout of 37 percent When total sales are $154,000, age of payable 34 days, and long-term debt is $36.006, what would be the impact on Top Als pro-forma long-term dates were to change to 204.000 and the son of peables were to change 47 de $ $ $ Liabilities Accounts payable Long-term be Total liabilities Equity Total labies and equity (Select from the drop-down menu.) $ $ The pro-forma long-term debt wil by $(Round to the nearest dolar) Total sales of $154.000 o Cost of goods sold equal to 77 A percent of Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of 552,000 Beginning invertory of $12,400 Age of ending inventory of 58 days Minimum cash balance of $10.700 Accounts receivable of 32 days Fixed assets of $60.000 Accounts payable of 4 days Assume Top-A1 has a dividend payout of 37 percent When total sales are $154,000, age of payables is 34 days and long-term debt is $35,096, what would be the impact on Top Asproforma largo del sales were to charge to 204.000 and 10 yables were to change t47 days? Complete the pro-forma income statement for Top A1 below (Round to the nearest dollar.) Top-A1 Inc. Pro Forma Income Statement Sales $ Cost of goods sold $ Gross profit $ Total operating expenses $ Earnings before tax (EBT) $ $ Not earnings $ Enter any number in the edit fields and then continue to the next question This Quis pour Total sales of $154,000 Cost of goods sold equal to 77 A percent of sales Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of $52.000 Beginning inventory of $12.400 Age of ending Inventory of 58 days Minimum cash balance of $10.700 Accounts receivable of 32 days Fixed assets of $60,000 Accounts payable of 34 days assume Top-A1 has a dividend payout of 37 percent Vhen total sales are $154,000, age of payable is 34 days and long-term debt is $35.0, what would be the mpact on Top Al's proforma long term de les were to change to $20,000 and eage of toch? Top A1 Inc. Pro-Forma Balance Sheet Assets: $ Cash Accounts receivable $ Inventory $ Fixed assets $ $ Total assets Liabilities: Accounts payable $ Total sales of $112.000 . Cost of goods sold equal to 77 A percent of sales Total expenses equal to 14.3 percent of sales Tax rate of 35 percent Beginning equity of $52,000 Beginning inventory of $12,400 Age of ending inventory of 58 days - Minimum cash balance of $10,700 Accounts receivable of 32 days . Fixed assets of $60,000 Accounts payable of 34 days Assume Top-A1 has a dividend payout of 37 percent When total sales are $154,000, age of payable 34 days, and long-term debt is $36.006, what would be the impact on Top Als pro-forma long-term dates were to change to 204.000 and the son of peables were to change 47 de $ $ $ Liabilities Accounts payable Long-term be Total liabilities Equity Total labies and equity (Select from the drop-down menu.) $ $ The pro-forma long-term debt wil by $(Round to the nearest dolar)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Applications And Theory

Authors: Marcia Cornett, Troy Adair, John Nofsinger

2nd Edition

0073530670, 9780073530673

More Books

Students also viewed these Finance questions