Radical Edge Company has forecast a 20% sales growth for the next year. Current financials...
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Finance
Radical Edge Company has forecast a 20% sales growth for the next year. Current financials are shown above
a. Using the information above for Radical Edge, the Net Income will be:
b. Using the information above for Radical Edge, the Total Assets will be
c. Using the information above for Radical Edge, Accumulated Retained Earnings will be $
d. Using the information above for Radical Edge, External Financing Needed will be $
e. Using the information above for Radical Edge, the Sustainable Growth Rate is % (min 2 decimals).
Income Statement Sales Costs Taxable Income 6000OOO akes Net Income 4200000 Dividends Addition to RE 2400000 Balance Sheet Assets Current Assets L&E 8000000 Short Term Debt 8000000 Long Term Debt| 6000000 Fixed Assets Total Assets 3000000O Total L& E Income Statement Sales Costs Taxable Income 6000OOO akes Net Income 4200000 Dividends Addition to RE 2400000 Balance Sheet Assets Current Assets L&E 8000000 Short Term Debt 8000000 Long Term Debt| 6000000 Fixed Assets Total Assets 3000000O Total L& E
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