Determining the total book value of assets

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Reference no: EM1310183

1) Assume Mick’s is projecting a 20% increase in sales for coming year, and that cost of goods sold and general/administrative expenses remain the constant percentage of sales. Also suppose that the amount of depreciation and interest paid and firm’s tax rate (35%) remain unchanged. Make Pro Forma Income Statement for 2005. Suppose firm’s dividend payout is= 50%. Compute the firm’s pay out in dividends in 2005?

2) Alaris Spaceships has cash= $2,400 and accounts receivable of= $5,700. Inventory cost= $6,500 and can be sold today for= $8,100. Fixed assets were bought at the cost= $50,700 of which $24,500 has been depreciated. Fixed assets can be sold today for= $23,300. Determine the total book value of assets of Alaris?

Reference no: EM1310183

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