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- The most recent financial statements for Hornick, Inc., are shown below (assuming no income taxes). Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $8,968. What is the external financing needed? Income statement $ $ Next year's sales $ Sales Costs Net income 7,600 5,180 2,420 Sales Costs Net income 8,968 Pro forma income statement External financing Assets $ Total $ Complete the following analysis. Do not hard code values in your calculations. Percent increase in sales Assets Balance sheet 21,700 Debt Equity 21,700 Total $ Total $ Pro forma balance sheet Debt Equity Total 9,100 12,600 21,700 ▬▬▬▬Use the following information to find the external financing needed (EFN): Current sales: $6,000; Current costs: $3,000; Total Assets: $20,000; Total Debt: $8,000; Total equity: $12,000; Projected sales: $9,600. Total assets and costs are proportional to sales. The firm does not plan to distribute any dividends. The level of debt and equity is independent of the level of sales.The most recent financial statements income taxes): Income Statement Sales Costs Net income $6,700 3,85C $ 2,850 Assets Total Balance Sheet 22,050 Debt Equity Total 22,050 $ 8,050 14,000 $ 22,050 Assets and costs are proportional to sales; debt and equity are not. No dividends are paid. Next year's sales are projected to be $7.906. What is the external financing needed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) External financing needed
- The most recent financial statements for Kerch, Incorporated, are shown here (assuming no income taxes): Income Statement Sales Costs Net Income $4,600 3,450 $ 1,150 Multiple Choice $2,738 $2,868 $3,148 $2,618 Assets $2,993 Balance Sheet Debt Equity Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,964. What is the external financing needed? $ 14,700 Total $ 14,700 $ 10,600 4,100 Total $14,700The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes): Income Statement Sales Costs Net income $9,400 6,940 $2,460 Balance Sheet Assets $19,050 Debt Equity $ 6,050 13,000 External financing needed Total $19,050 Total $19,050 Assets and costs are proportional to sales; debt and equity are not. No dividends are paid. Next year's sales are projected to be $11,280. What is the external financing needed? (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32.)You've collected the following information about Caccamisse, Incorporated: Sales Net income Dividends Total debt Total equity = a. Sustainable growth rate b. Additional borrowing c. Growth rate = = = = $ 330,000 $ 18,700 $ 7,500 $ 70,000 $ 101,000 a. What is the sustainable growth rate for the company? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. Assuming it grows at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What growth rate could be supported with no outside financing at all? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. % %
- The most recent financial statements for Bradley, Incorporated, are shown here (assuming no income taxes): Sales Costs Income Statement Net income Assets Total Balance Sheet $ 16,000 $ 16,000 $ 5,000 -3,000 $ 2,000 External financing needed Debt Equity Total $ 9,000 7,000 $ 16,000 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $6,450. What is the external financing needed? Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.Ecare Berhad has the following income statement items for 2021: Revenue/Sales RM4,801,139 Finance costs/Interest expense RM293,938 Other items of income RM38,552 Cost of sales (COGS) RM3,917,144 Income tax expenses 35% of taxable income Dividend payment 40% of net profit What is the amount of the firm's earning before tax? Select one: a. RM628,609 b. RM590,057 c. RM408,596 d. RM883,995You've collected the following information about Groot, Inc.: Profit margin Total asset turnover Total debt ratio Payout ratio = 4.44% = 3.50 = .25 = 29% a. What is the sustainable growth rate for the company? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Sustainable growth rate b. ROA % 15.54 %
- H5. Use the following information to find the external financing needed (EFN): Current sales: $6,000; Current costs: $3,000; Total Assets: $20,000; Total Debt: $8,000; Total equity: $12,000; Projected sales: $9,600. Total assets and costs are proportional to sales. The firm does not plan to distribute any dividends. The level of debt and equity is independent of the level of sales. Options: A) $3,200 B) $1,450 C) $8,800 D) $7,200 E) $12,000The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are expected to be 75% of sales, and depreciation is expected to be 1.5 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndts federal-plus-state tax rate is 40%. Berndt has no debt. a. Set up an income statement. What is Berndts expected net income? Its expected net cash flow? b. Suppose Congress changed the tax laws so that Berndts depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? c. Now suppose that Congress changed the tax laws such that, instead of doubling Berndts depreciation, it was reduced by 50%. How would profit and net cash flow be affected? d. If this were your company, would you prefer Congress to cause your depreciation expense to be doubled or halved? Why?Assume you are given the following relationships for the Haslam Corporation: Calculate Haslam’s profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-assets ratio.
