![subject](/tpl/images/cats/ekonomika.png)
Business, 30.03.2020 19:23 harleycrider2251
Dahlia Colby, CFO of Charming Florist Ltd., has created the firm’s pro forma balance sheet for the next fiscal year. Sales are projected to grow by 20 percent to $420 million. Current assets, fixed assets, and short-term debt are 20 percent, 70 percent, and 10 percent of sales, respectively. Charming Florist pays out 20 percent of its net income in dividends. The company currently has $129 million of long-term debt and $57 million in common stock par value. The profit margin is 14 percent.
a. Prepare the current balance sheet for the firm using the projected sales figure.
b. Based on Ms. Colby's sales growth forecast, how much does Charming Florist need in external funds for the upcoming fiscal year?
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 16:30, jenkuehn9220
Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages. true or false?
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 20:30, jordaaan101
Agood for which demand increases as income rises is and a good for which demand increases as income falls is
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 00:30, camillaowens206
Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 05:00, july00
Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.
Answers: 3
You know the right answer?
Dahlia Colby, CFO of Charming Florist Ltd., has created the firm’s pro forma balance sheet for the n...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.10.2020 02:20
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.10.2020 02:20
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.10.2020 02:20
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.10.2020 02:20