Lannie Industries is planning its operations for next year. Lannie Bells, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Pesos are in millions. Last year’s sale P350 Last year’s accounts payable P40 Sales growth rate 30% Last year’s notes payable P50 Last year’s total assets P500 Last year’s accruals P30 Last year’s profit margin 5% Target payout ratio 40%

Lannie Industries is planning its operations for next year. Lannie Bells, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Pesos are in millions. Last year’s sale P350 Last year’s accounts payable P40 Sales growth rate 30% Last year’s notes payable P50 Last year’s total assets P500 Last year’s accruals P30 Last year’s profit margin 5% Target payout ratio 40%

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter17: The Management Of Cash And Marketable Securities

Section: Chapter Questions

Problem 1P

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Chachagogo, Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year’s sales                             P200,000          Last year's accounts payable    P50,000 Sales growth rate                           40%                 Last year's notes payable      P25,000 Last year’s current assets               P65,000            Last year's accruals                  P20,000 Last year’s noncurrent assets          P70,000            Target plowback ratio                       75.0% Last year’s profit margin                       20.0%
Lannie Industries is planning its operations for next year. Lannie Bells, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Pesos are in millions. Last year’s sale                               P350     Last year’s accounts payable      P40 Sales growth rate                           30%     Last year’s notes payable      P50 Last year’s total assets                    P500     Last year’s accruals             P30 Last year’s profit margin                 5%       Target payout ratio             40% A. P106.2M B. P123.9M C. P115.4M D. P119.9M E. P100.4M
Chachagogo, Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year’s sales                             P200,000          Last year's accounts payable    P50,000 Sales growth rate                           40%                 Last year's notes payable      P25,000 Last year’s current assets               P65,000            Last year's accruals                  P20,000 Last year’s noncurrent assets          P70,000            Target plowback ratio                       75.0% Last year’s profit margin                       20.0% A. -P54,000 B. -P16,000 C. -P44,000 D. -P40,000 E. -P50,000
Chachagogo, Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year’s sales P200,000 Last year's accounts payable P50,000 Sales growth rate 40% Last year's notes payable P25,000 Last year’s current assets P65,000 Last year's accruals P20,000 Last year’s noncurrent assets P70,000 Target plowback ratio 75.0% Last year’s profit margin 20.0% use negative sign if negative
WorldTrans Industries is planning its operations for next year. The CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = S0 $350 Last yr's accounts payable $40 Sales growth rate = g 30% Last yr's notes payable $50 Last year's total assets = A0* $460 Last yr's accruals $30 Last year's prof margin = PM 5% Target payout ratio 60% Group of answer choices $87.4 $120.8 $90.6 $124.1 $107.9
Clayton Industries is planning its operations for next year. Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions. Last year's sales = S0 $350 Last yr's accounts payable $40 Sales growth rate = g 30% Last yr's notes payable $50 Last year's total assets = A0 * $360 Last yr's accruals $30 Last year's prof margin = PM 5% Target payout ratio 60% a. $67.0 b. $63.9 c. $91.1 d. $77.9 e. $78.7
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1. Chachagogo, Inc. is planning its operations for next year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year’s sales P200,000 Last year's accounts payable P50,000 Sales growth rate 40% Last year's notes payable P25,000 Last year’s current assets P65,000 Last year's accruals P20,000 Last year’s noncurrent assets P70,000 Target plowback ratio 75.0% Last year’s profit margin 20.0% Group of answer choices -P50,000 -P16,000 -P54,000 -P44,000 -P40,000 2. Jonson, Inc. is planning its operations for the coming year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in the forecast are shown below.…
In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = S0 $200,000 Last year's accounts payable $50,000 Sales growth rate = g 40% Last year's notes payable $15,000 Last year's total assets = A0* $145,000 Last year's accruals $20,000 Last year's profit margin = PM 20.0% Target payout ratio 25.0%
In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = S0 $200,000 Last year's accounts payable $50,000 Sales growth rate = g 40% Last year's notes payable $15,000 Last year's total assets = A0* $125,000 Last year's accruals $20,000 Last year's profit margin = PM 20.0% Target payout ratio 25.0% Select the correct answer. a. - $19,980 b. - $20,000 c. - $20,020 d. - $20,010 e. - $20,030
In your internship with Lewis, Lee, & Taylor Inc. you have been asked to forecast the firm's additional funds needed (AFN) for next year. The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Last year's sales = S0 $200,000 Last year's accounts payable $50,000 Sales growth rate = g 40% Last year's notes payable $15,000 Last year's total assets = A0* $152,500 Last year's accruals $20,000 Last year's profit margin = PM 20.0% Target payout ratio 25.0% Select the correct answer. a. - $9,000 b. - $9,010 c. - $9,030 d. - $9,020 e. - $8,990 Icon Key