Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what? (Related to Checkpoint 17.4)(Discretionary financing needs) Harrison Electronics, Inc. operates a chain of electrical fighting and fixture distribution centers throughout northom Arrona The form

image text in transcribed
image text in transcribed
what?
(Related to Checkpoint 17.4)(Discretionary financing needs) Harrison Electronics, Inc. operates a chain of electrical fighting and fixture distribution centers throughout northom Arrona The form anticipating expansion of its sales in the coming year as a result of recent population growth bonds. The firm's financial analyst has prepared pro forma balance show that reflect three different rates of growth items for the coming year and the corresponding non-discretionary sources of financing their expects to have avalable as folow: What are the w's scretionary facing needs under each of the the growth wo? What potential sources of financing are there for Harrison to Milaneeds for discretionary Financing? The discretionary financing needs for a 10% growth scenario are 3. Round to the nearest Gotar) The discretionary francir needs for a 20% growth scenariowe $(Round to the parent cour) The discretionary trancing needs for a 10% growth scenario are (Round to the west dolar) b. What potential sources of financing and there for Hamson to fuit is needs for donary financing (Select the choices that apply below) DA Retained earrings DS. Common stock Notes payable D. Long-lom det DE Sale of fad assets dib ming yo tionary financir ng needs needs for needs for financir Harrison Electronics, Inc. Pro Forma Balance Sheet for 2014 Calculation Current assets Net fixed assets Total Accounts payable Accrued expenses Notes payable No change Current liabilities Long-term debt No change Total liabilities Common stock (par) No change Paid-in capital No change Retained earnings Common equity Projected sources of financing Discretionary financing needs Total financing needs = Total assets Alternative Growth Rates 10% 20% 40% $13,200,000 $14,400,000 $16,800,000 $19,800,000 $21,600,000 $25,200,000 $33,000,000 $36,000,000 $42,000,000 $2,200,000 $2,400,000 $2,800,000 2.200,000 2,400,000 2,800,000 1,500,000 1,500,000 1,500,000 $5,900,000 $6,300,000 $7.100,000 6,500,000 6,500,000 6,500,000 $12,400,000 $12,800,000 $13,600,000 $1,000,000 $1,000,000 $1,000,000 2,000,000 2,000,000 2,000,000 15,550,000 15,600,000 15,700,000 $18,550,000 $18,600,000 $18.700,000 $30.950,000 $31,400.000 $32.300.000 r(s). Print Done (Related to Checkpoint 17.4)(Discretionary financing needs) Harrison Electronics, Inc. operates a chain of electrical fighting and fixture distribution centers throughout northom Arrona The form anticipating expansion of its sales in the coming year as a result of recent population growth bonds. The firm's financial analyst has prepared pro forma balance show that reflect three different rates of growth items for the coming year and the corresponding non-discretionary sources of financing their expects to have avalable as folow: What are the w's scretionary facing needs under each of the the growth wo? What potential sources of financing are there for Harrison to Milaneeds for discretionary Financing? The discretionary financing needs for a 10% growth scenario are 3. Round to the nearest Gotar) The discretionary francir needs for a 20% growth scenariowe $(Round to the parent cour) The discretionary trancing needs for a 10% growth scenario are (Round to the west dolar) b. What potential sources of financing and there for Hamson to fuit is needs for donary financing (Select the choices that apply below) DA Retained earrings DS. Common stock Notes payable D. Long-lom det DE Sale of fad assets dib ming yo tionary financir ng needs needs for needs for financir Harrison Electronics, Inc. Pro Forma Balance Sheet for 2014 Calculation Current assets Net fixed assets Total Accounts payable Accrued expenses Notes payable No change Current liabilities Long-term debt No change Total liabilities Common stock (par) No change Paid-in capital No change Retained earnings Common equity Projected sources of financing Discretionary financing needs Total financing needs = Total assets Alternative Growth Rates 10% 20% 40% $13,200,000 $14,400,000 $16,800,000 $19,800,000 $21,600,000 $25,200,000 $33,000,000 $36,000,000 $42,000,000 $2,200,000 $2,400,000 $2,800,000 2.200,000 2,400,000 2,800,000 1,500,000 1,500,000 1,500,000 $5,900,000 $6,300,000 $7.100,000 6,500,000 6,500,000 6,500,000 $12,400,000 $12,800,000 $13,600,000 $1,000,000 $1,000,000 $1,000,000 2,000,000 2,000,000 2,000,000 15,550,000 15,600,000 15,700,000 $18,550,000 $18,600,000 $18.700,000 $30.950,000 $31,400.000 $32.300.000 r(s). Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions