Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how to arrive at the solution below for this prati

How to arrive at the solution below for this pratice problem? Solution: -22,037,756.82 Assuming the firm is...

50.1K

Verified Solution

Question

Finance

How to arrive at the solution below for this pratice problem?Solution: -22,037,756.82

Assuming the firm is operating at only 50% capacity and usingthe data in the table below, forecast Orwell's AFN for the comingyear? Last year's sales = S0 $136,000 Last year's accounts payable$40,000 Sales growth (ΔS) $9,000 Last year's notes payable $10,000Last year's total assets = A0* $248,000 Last year's accruals$10,000 Last year's profit margin = PM 0.03 Target payout ratio0

Answer & Explanation Solved by verified expert
3.7 Ratings (406 Votes)
AFN means Additional Funds Nedded It focus on the funds needed for new assets to generate needed increase in sales AFN Projected Increase in Assets Projected    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

A helicopter is flying at an altitude of 222 meters at an angle of depression...

Biology
1.2K views

1. Which of the following functions of vitamin B-12 is not related to the functions of...

Electrical Engineering
1.2K views

There is a charge -10 C at (1,1,0) and another charge Q located at (2,1,1). What...

Advance Math
1.2K views

Suppose that a subset S of an ordered field F is not bounded above in F....

Biology
1.2K views

The GATT agreement acts as a hindrance to the free flow of commerce from one...

Geometry
1.2K views

7 660 9 260 Find the reference angle create a triangle and find all angles...

Accounting
1.2K views

You wish to retire at age 66 and at the end of each month thereafter,...

Accounting
1.2K views

The following expenditures and receipts are related to land, land improvements, and buildings acquired for...

Accounting
1.2K views

The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY...

Accounting
1.2K views

Comprehensive Accounting Cycle Review 5-02 (Part Level Submission) On November 1, 2022, Marin had the...

Accounting
1.2K views

The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and...

Finance
1.2K views

Next year, there are two possible values for its assets, each equally likely: $1 190...