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Sales 2019 were s300-mitlion net neome tor the year was $9 million, so the finm 1 profit margin was 3.0%. Upton pard dividends of $3.6
Sales 2019 were s300-mitlion net neome tor the year was $9 million, so the finm 1 profit margin was 3.0%. Upton pard dividends of $3.6 million to common profit margim, and pound round intermediate calculations. answers in of 10,550,000 should be entered as 10.55. Round your answer to two decinal places. 5. 13. firilion b. Using the afivequation, determine Upton's self-supporting growth rate. That is, what is the maximum growth rate thie firm can achieve without having to employ nonspentaneus external funds? Round your answer to two decimal places. C. Use the forecasted financial statement method to forecast Upton's balance sheet for December 31,2020 . Assume that all additional external capital is raised as a line of credit at the end-of the year and is reflected (because the debt is added at the end of the year, there will be no adiditional inferest expense due to the new debt). Assume S. Siminion D. Using the Af N equation, determaine Uptoris sellsupporting grouthirate. Ihat is, what is the maximum growth rate the firm can achieve without having to employ C. Use the forecasted financial statement metiod to forecast upton's balance sheet for December 31,2020 . Assume that all additional external capital is faised as a line of Whe forme in 2020 as they were in 2019 . What is the amount of the line of credit reported on the 2020 forecasted Upton Computers Pro Forma Balance Sheet December 31, 2020 (Millions of Dollars) Cash Receivables Inventories Total current assets Net fixed assets Total assets Accounts payable Notes payable Line of credit Accruals Total current liabilities Mortgage loan Common stock Retained earnings Total liabilities and equity Sales 2019 were s300-mitlion net neome tor the year was $9 million, so the finm 1 profit margin was 3.0%. Upton pard dividends of $3.6 million to common profit margim, and pound round intermediate calculations. answers in of 10,550,000 should be entered as 10.55. Round your answer to two decinal places. 5. 13. firilion b. Using the afivequation, determine Upton's self-supporting growth rate. That is, what is the maximum growth rate thie firm can achieve without having to employ nonspentaneus external funds? Round your answer to two decimal places. C. Use the forecasted financial statement method to forecast Upton's balance sheet for December 31,2020 . Assume that all additional external capital is raised as a line of credit at the end-of the year and is reflected (because the debt is added at the end of the year, there will be no adiditional inferest expense due to the new debt). Assume S. Siminion D. Using the Af N equation, determaine Uptoris sellsupporting grouthirate. Ihat is, what is the maximum growth rate the firm can achieve without having to employ C. Use the forecasted financial statement metiod to forecast upton's balance sheet for December 31,2020 . Assume that all additional external capital is faised as a line of Whe forme in 2020 as they were in 2019 . What is the amount of the line of credit reported on the 2020 forecasted Upton Computers Pro Forma Balance Sheet December 31, 2020 (Millions of Dollars) Cash Receivables Inventories Total current assets Net fixed assets Total assets Accounts payable Notes payable Line of credit Accruals Total current liabilities Mortgage loan Common stock Retained earnings Total liabilities and equity
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