$ 1,000   Balance Sheet: Assets         Cash   $ 150   Short-term investments   $ 130   Accounts receivable   $ 300   Inventories   $ 250       Total current assets   $ 830   Net fixed assets   $ 600       Total assets   $ 1,430

Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.     This year Sales   $ 1,000   Balance Sheet: Assets         Cash   $ 150   Short-term investments   $ 110   Accounts receivable   $ 200   Inventories   $ 250       Total current assets   $ 710   Net fixed assets   $ 500       Total assets   $ 1,210     Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar. $

Bottling's December 31st balance sheet is given below:      Cash                      10       Accounts payable          $ 15Accounts receivable    25       Notes payable                   20      Inventory               40       Accrued wages and taxes 15      Net fixed assets    75       Long-term debt                   30                                               Common equity                  70                                                     Total liabilities       Total assets       $150          and equity                  $150 Sales during the past year were $100, and they are expected to rise by 50 percent to $150 during next year.  Also, during last year fixed assets were being utilized to only 85 percent of capacity (excess capacity).  Assume that profit margin will remain constant at 5 percent and that the company will continue to pay out 60 percent of its earnings as dividends. To the nearest whole dollar, what amount of nonspontaneous, additional funds will be…

The table given below summarizes the 2019 income statement and end-year balance sheet of Drake’s Bowling Alleys. Drake’s financial manager forecasts a 10% increase in sales and costs in 2020. The ratio of sales to average assets is expected to remain at 0.40. Interest is forecasted at 5% of debt at the start of the year.   Income Statement $ in thousands Sales $ 2,600 (40% of average assets)a Costs   1,950 (75% of sales) Interest   105 (5% of debt at start of year)b Pretax profit   545   Tax   218 (40% of pretax profit) Net income $ 327     aAssets at the end of 2018 were $6,240,000. bDebt at the end of 2018 was $2,100,000.   Balance Sheet $ in thousands Net assets $ 6,760   Debt $ 2,100           Equity   4,660   Total $ 6,760   Total $ 6,760       a. What is the implied level of assets at the end of 2020? (Enter your answer in dollars not in thousands.)     b. If the company pays out 50% of net income as dividends, how much cash will Drake need…

Quantitative Problem: Beasley Industries' sales are expected to increase from $4 million in 2017 to $5 million in 2018, or by 25%. Its assets totaled $2 million at the end of 2017. Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2017, current liabilities are $750,000, consisting of $120,000 of accounts payable, $350,000 of notes payable, and $280,000 of accrued liabilities. Its profit margin is forecasted to be 4%, and its dividend payout ratio is 70%. Using the AFN equation, forecast the additional funds Beasley will need for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations.$ The AFN equation assumes that ratios remain constant. However, firms are not always operating at full capacity so adjustments need to be made to the existing asset forecast. Excess capacity adjustments are changes made to the existing asset forecast because the firm is not operating at full capacity. For…

Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales $1,000 Balance Sheet: Assets     Cash $150  Short-term investments $140  Accounts receivable $300  Inventories $300      Total current assets $890  Net fixed assets $600      Total assets $1,490 Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.

Farnsbeck Inc. is forecasting a 15% increase in sales next year. Assume the company is operating at 100% capacity. The company has 50,000 shares of common stock outstanding. The firm will pay out 60% of its Net Income in dividends and move 40% into retained earnings Based on the Income statement and balance sheet below answer the following questions. ASSETS 2020 2019 ASSETS 2020 2019 CASH AND MARKETABLE SECURITIES ACCOUNTS RECEIVABLE INVENTORIES 29,000 25,000 116,000 100,000 145,000 125,000 290,000 250,000 362,000 350,000 CURRENT ASSETS GROSS PLANT AND EQUIPMENT LESS: ACCUMULATED DEPRECIATION 130,000 100,000 232,000 250,000 NET FIXED ASSETS TOTAL ASSETS 522,000 500,000 LIABILITIES AND EQUITY 90,480 34,800 25,420 CURRENT LAIBILITIES 150,700 142,000 145,000 140,000 TOTAL LIABILITIES 295,700 282,000 150,000 150,000 78,000 ACCOUNTS PAYABLE ACCRURALS NOTES PAYABLE 30,000 34,000 LONG TERM DEBT COMMON STOCK ($1.00 par) RETAINED EARNINGS 76,300 68,000 TOTAL OWNER'S EQUITY 226,300 218,000 TOTAL…

Your Health Corporation reported sales of $159,773 million, property, plant and equipment (PPE), net of $9,158 million, and capital expenditures of $2,002 million in the current year.If sales are projected to increase 4% per year over the next five years, what is the projected capital expenditures (purchases of new PPE) the following year?

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Quantitative Problem: Beasley Industries' sales are expected to increase from $5 million in 2017 to $6 million in 2018, or by 20%. Its assets totaled $3 million at the end of 2017. Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2017, current liabilities are $790,000, consisting of $140,000 of accounts payable, $400,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%, and its dividend payout ratio is 60%. Using the AFN equation, forecast the additional funds Beasley will need for the coming year. Do not round intermediate calculations. Enter your answer in dollars. For example, an answer of $2 million should be entered as 2,000,000. Round your answer to the nearest dollar.