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Score: 0 of 7 pts completa HW Score: 39%, 39 of 100 pts 0 Problem 14-3 (similar to) I Question Help Financial forecasting-decretionary financing ode) Samboneza Enterprises projects to al rest year to be a million and resto com percent of the amount whers. The firm is currently in the process of projecting its financing needs and has made the following assumptions projections): 1. Current assets wil 18 percent of sales and feeds will remain at their current level of $1 million 2. Common equity is current 80 70 million, and the firm pays out half of is to tax amnings in dividends 3. The form has short-term paties and ade credit atomly gur 13 percent of sales and has no long term date outstanding What we Samon's financing requirements totals) and scretionary francing needs (OF) for the coming year? What are now's financing requirements or total assets for the coming year? on end to decimal places) Homework: Chapter 14 Homework Score: 0 of 7 pts 5 of 5 (3 complete) Problem 14-3 (similar to) (Financial forecasting discretionary financing needs) Sambonoza Enterprises projects its sales next year to be 54 million and expects to earn 6 percent of that amount after taxes. The f needs and has made the following assumptions (projections): 1. Current assets will equal 18 percent of sales, and fixed assets will remain at their current level of $1 million. 2. Common equity is currently $0.70 million, and the firm pays out half of its after-tax earnings in dividends. 3. The firm has short-term payables and trade credit that normally equal 13 percent of sales, and it has no long-term debt outstanding. What are Sambonoza's financing requirements (.e., total assets) and discretionary financing needs (DFN) for the coming year? What are Sambonoza's financing requirements or total assets for the coming year? $ million (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. Clear All part remaining