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Problem 3.9 External Funds Needed Dahlis Colby. CFO of Charming Flerist Llmzed, has created the firmis pro forma balance sheet tor the next fiscal yeac.

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Problem 3.9 External Funds Needed Dahlis Colby. CFO of Charming Flerist Llmzed, has created the firmis pro forma balance sheet tor the next fiscal yeac. Sales are propected to grow by 10 percent to $440 mition. Currens assots, fixod assets, and short-4erm debt are 20 peicent, 80 percent, and to percent of sales, respectively. Charming Florist poys out 20 percent of its net incone in dividends. The company curtently has $136 milion of long term debt snd $64 milion in common stock por value. The profit margin is 9 percent. a. Construct the current balance sheet for the firm using the projected sales figure. (Do not round intermediate calculations and enter your answers in dellark, not milibons of doflars, rounded to the nearest whole numbec, e.9. 1,234,567. b. Hased an Ms. Cobys sales growth forecast, how much does Charming Fiorst need in. external funds for the upcoming fscal year? gDo not round intermediate calculations and enter yeur anawer in doilars, not milient of dollars, rewnded to the naarest whole number, e. 9,1234,567. Problem 3.9 External Funds Needed Dahlis Colby. CFO of Charming Flerist Llmzed, has created the firmis pro forma balance sheet tor the next fiscal yeac. Sales are propected to grow by 10 percent to $440 mition. Currens assots, fixod assets, and short-4erm debt are 20 peicent, 80 percent, and to percent of sales, respectively. Charming Florist poys out 20 percent of its net incone in dividends. The company curtently has $136 milion of long term debt snd $64 milion in common stock por value. The profit margin is 9 percent. a. Construct the current balance sheet for the firm using the projected sales figure. (Do not round intermediate calculations and enter your answers in dellark, not milibons of doflars, rounded to the nearest whole numbec, e.9. 1,234,567. b. Hased an Ms. Cobys sales growth forecast, how much does Charming Fiorst need in. external funds for the upcoming fscal year? gDo not round intermediate calculations and enter yeur anawer in doilars, not milient of dollars, rewnded to the naarest whole number, e. 9,1234,567

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