Question
Recent Financial Statements of Trumpezy Co. Income statement Balance sheet Sales $100 Assets $50 Debt $20 Costs 80 Equity 30 Net Income $20 Total $50
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Recent Financial Statements of Trumpezy Co.
Income statement Balance sheet Sales $100 Assets $50 Debt $20 Costs 80 Equity 30 Net Income $20 Total $50 Total $50
The firm is developing its pro-forma financial statements. Assume that costs and assets grow at the same rate as sales, and the firm doesnt use any outside financing (i.e. the firm doesn't issue any new equity or debt). Whats the Dividends to be paid out next period? The sales are projected to rise by 10%.
$14
$17
$11
$16
$12
Recent Financial Statements of Trumpezy Co.
| Income statement | Balance sheet | ||||
| Sales | $100 | Assets | $50 | Debt | $20 |
| Costs | 80 | Equity | 30 | ||
| Net Income | $20 | Total | $50 | Total | $50 |
The firm is developing its pro-forma financial statements. Assume that costs and assets grow at the same rate as sales, and the firm doesnt use any outside financing (i.e. the firm doesn't issue any new equity or debt). Whats the Dividends to be paid out next period? The sales are projected to rise by 10%.
| $14 | ||
| $17 | ||
| $11 | ||
| $16 | ||
| $12 |
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
