The firm is currently in the process of forecasting sales, asset requirements, and required funding for the coming year. In the year that just ended, Cold Duck Manufacturing Inc. generated $300,000 net income on sales of $13,500,000. The firm expects sales to increase by 18% this coming year and also expects to maintain its long-run dividend payout ratio of 35%. Suppose Cold Duck Manufacturing Inc.’s assets are fully utilized. Use the additional funds needed (AFN) equation to determine the increase in total assets that is necessary to support Cold Duck Manufacturing Inc.’s expected sales.
Answers: 2
Another question on Business
Business, 21.06.2019 21:00
Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex.causally ambiguous.path dependent.the result of unique historical conditions.
Answers: 3
Business, 22.06.2019 11:00
When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called
Answers: 2
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
Business, 22.06.2019 19:30
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
You know the right answer?
The firm is currently in the process of forecasting sales, asset requirements, and required funding...
Questions
Computers and Technology, 11.11.2019 02:31
Mathematics, 11.11.2019 02:31
History, 11.11.2019 02:31
Mathematics, 11.11.2019 02:31
English, 11.11.2019 02:31
Mathematics, 11.11.2019 02:31
Mathematics, 11.11.2019 02:31
History, 11.11.2019 02:31
