Reference no: EM131447119
AFN equation
Broussard Skateboard's sales are expected to increase by 25% from $7.6 million in 2016 to $9.50 million in 2017. Its assets totaled $5 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 7%, and the forecasted payout ratio is 75%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations.
|
Prepare a message to be posted on the project blog
: Message Strategies: Providing Routine Information; Compositional Modes: Tutorials. Austin, Texas, advertising agency GSD&M Idea City brainstorms new advertising ideas using a process it calls dynamic collaboration.
|
|
What is cash flow to stockholders-operating cash flow
: Titan Football Manufacturing had the following operating results for 2016: sales = $19,890; cost of goods sold = $13,870; depreciation expense = $2,260; interest expense = $290; dividends paid = $660. At the beginning of the year, net fixed assets we..
|
|
Difference between http request methods get and post
: E-Portals Development IT405 - Explain why delaying server-side widget loading is used even though the page's total load time is high?
|
|
What is the company net income and operating cash flow
: During the year, Belyk Paving Co. had sales of $2,381,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,444,000, $436,900, and $491,900, respectively. What is the company’s net income? What is it's operati..
|
|
Skateboards sales are expected to increase
: Broussard Skateboard's sales are expected to increase by 25% from $7.6 million in 2016 to $9.50 million in 2017. Its assets totaled $5 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as proj..
|
|
Estimate the task and record your instructions as a podcast
: Message Strategies: Providing Routine Information; Media Skills: Podcasting. As a training specialist in Winnebago Industry's human resources department, you're always on the lookout for new ways to help employees learn vital job skills.
|
|
Contrast and compare the auto with the norm triggering mode
: ECE 3200- Contrast and compare the AUTO with NORM triggering mode. Define, discuss, and explain differences between precision, accuracy, resolution, sensitivity, and range as they pertain to measurements or measuring instruments.
|
|
What was the cash flow to stockholders for the year
: The December 31, 2015, balance sheet of Schism, Inc., showed $146,000 in the common stock account and $2,710,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed $156,000 and $3,010,000 in the same two accounts, ..
|
|
What was the firms cash flow to creditors
: The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,385,000, and the December 31, 2016, balance sheet showed long-term debt of $1,550,000. The 2016 income statement showed an interest expense of $92,500. What was the fir..
|