Use the afn equation to forecast baxters additional funds

Reference no: EM13300361

Baxter Video Product's sales are expected to increase by 20% from $5 million in 2010 to $6 million in 2011.Its assets totaled $3 million at the end of 2010.Baxter is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2010, current liabilities were $1 million, consisting of $250,000 of accounts payable and $250,000 accruals. The after-tax profit margin is forecasted to be 5%, and the forecasted payout ratio is 70% Use the AFN equation to forecast Baxter's additional funds needed for the coming year.

Reference no: EM13300361

Questions Cloud

Calculate the axial stress in the copper and the steel : A steel flat bar of dimensions 4x1x12 inches is PINNED between two copper bars of dimensions 4x2x12 inches at room temp. The PINNED assembly is then cooled by 200 degrees fahrenheit.

How is deanna taxed on this distribution : King's 2010 taxable income is $9,000. King distributes $11,000 to each shareholder on February 1, 2010, and distributes another $3,000 to each shareholder on September 1. How is Deanna taxed on this distribution?

What are the ten principles of economics : 1. What are the ten principles of economics?

Calculate the total axial deformation in the aluminum rods : A rigid rectangular shelf is suspended from a rigid ceiling by mean of four rods of diameter .505 inches. The two rods to the left L1 and L2, are made of steel. The two rods to the right R1 and R2 are made of aluminum.

Use the afn equation to forecast baxters additional funds : The after-tax profit margin is forecasted to be 5%, and the forecasted payout ratio is 70% Use the AFN equation to forecast Baxter's additional funds needed for the coming year.

Determine to the nearest 1 by 4 in the smallest dimension h : If A and B are both made of wood and are 3/8 in thick, determine to the nearest ¼ in the smallest dimension h of the support so that the average shear stress does not exceed \tauallow = 300 psi.

Distinguish between ethical and legal principles : Distinguish between ethical and legal principles and practices and define your concept of ethical behavior as it relates to the purchasing and supply management function.

How as the office manager might be involved : As an office manager how should I approach the creation of the firm's operating budget.

Explain the possible values of the angular momentum quantum : What are the possible values of the angular momentum quantum number l A.)represented by the formula: l = 2k + 1, where k is a positive integer B

User Account

All Pages