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plz help Determine any how much cash flow will be needed it revenue grows by X8% Use the Sales Approach Method as we used in
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Determine any how much cash flow will be needed it revenue grows by X8% Use the Sales Approach Method as we used in cost examples Growth Rate 18.00% 2002 Pro Fomra Income Statement Sales Less: costs EBT 2001 % $415.200 Sales ($285,970) Less: costs S129,230 EBT 545.231 Less taxes (40% of EBT) Net Income Less taxes (35% of EBT) Net Income Dividends (30%) Add. TO RE 584,000 $25,200 $58,800 Dividends Add. To RE Balance Sheet 96 2001 Current Assets 90 2002 Current Liabilities 2001 AP S115.2 NP $$1,200 Cash AXR 533.250 S101.580 Balance Sheet % 2002 Current Liabilities 2001 % 2002 Current Assets 2001 Cash A/R $33,250 $101,580 A/P N/P $115,882 $53,200 Inventory $107,580 $242,410 Total LT Debt $169,082 $208,530 Total Fixed Assets Net PP&E er $315,820 Owners' Equity Common Stock Retained Earnings Total $120,000 $60,618 $180,618 S $558,230 Total L & OE $558,230 Total Assets Step by Step Solution
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