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Use the following information to calculate the Additional Funds Needed for Stone Picture Frames Inc for 2022E. Management is projecting sales to grow 6% from
Use the following information to calculate the Additional Funds Needed for Stone Picture Frames Inc for 2022E. Management is projecting sales to grow 6% from 2021 to 2022. (Enter negative numbers with a minus sign in front. Do not round intermediate calculations. Round your final answer to the nearest whole number.)
2021A |
|
Total Sales | 138,626 |
Total Current Assets | 54,667 |
Total Assets | 127,684 |
Accounts Payable | 18,674 |
Accrued Expenses | 14,283 |
Total Current Liabilities | 73,593 |
Net Income | 7,884 |
Dividends | 4,357 |
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