Reference no: EM131047359
Sales Increase
Maggie's Muffins, Inc., generated $4,000,000 in sales during 2016, and its year-end total assets were $2,800,000. Also, at year-end 2016, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and $200,000 of accruals. Looking ahead to 2017, the company estimates that its assets must increase at the same rate as sales, its spontaneous liabilities will increase at the same rate as sales, its profit margin will be 6%, and its payout ratio will be 65%. How large a sales increase can the company achieve without having to raise funds externally; that is, what is its self-supporting growth rate? Do not round intermediate steps. Round your answers to the nearest whole.
Sales can increase by $---------- , that is by ----------- %.
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Smallest expected loss for your portfolio in coming month
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The face value of mortgage note
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Correlation coefficient in expected returns on stock-market
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Company does not offer traditional pension plan
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Sales increase-what is its self-supporting growth rate
: Maggie's Muffins, Inc., generated $4,000,000 in sales during 2016, and its year-end total assets were $2,800,000. Also, at year-end 2016, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..
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Assume particular stock has an annual standard deviation
: Assume a particular stock has an annual standard deviation of 35 percent. What is the standard deviation for a three-month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign ..
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What is additional funds needed for the coming year
: Additional Funds Needed The Booth Company's sales are forecasted to double from $1,000 in 2016 to $2,000 in 2017. Here is the December 31, 2016, balance sheet. Booth's fixed assets were used to only 50% of capacity during 2016, but its current assets..
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University must purchase mowers for its landscape department
: Zoysia University must purchase mowers for its landscape department. The university can buy EVF mower that costs $7,600 and have annual, yearend maintenance costs of $1,825 per year. The EVF mower will be replaced at the end of year 5 and have no val..
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Target debt–equity ratio and cost of debt
: Miller Manufacturing has a target debt–equity ratio of .40. Its cost of equity is 13 percent, and its cost of debt is 4 percent. If the tax rate is 38 percent, what is the company’s WACC?
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