PRINCIPLES OF FINANCES PRINCIPLES OF FINANCES PRINCIPLES OF FINANCES PRINCIPLES OF FINANCES PRINCIPLES OF FINANCESPRINCIPLES OF FINANCES

INCOMES = 5% OF SALES DPR = 40% INCREASE IN SALES = 20% SALES 2011 = 20 BILLION

ASSET
Current Asset	2.0 billion
Fixed Asset	4.0 billion
TOTAL ASSET	6.0 BILLION
LIABILITY AND SHAREHOLDER EQUITY
Current Liabilities	2.0 billion
Long Term Debt	2.5 billion
TOTAL LIABILITIES	4.5 BILLION
Current Stock	0.1 billion
Current Surplus	0.2 billion
Retained Earning	1.2 billion
TOTAL EQUITY	1.5 BILLION
TOTAL LIABILITIES AND EQUITY	6.0 BILLION

QUESTION 1

FIND EXTERNAL FUNDING NEEDED (EFN) USING PRO FORMA