Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable Income Taxes Net income: Dividends Cash Accounts rec Inventory Statement Total Net fixed assets Total assets 7600 6,715 210 675 21 654 228 426 192 Major Manuscripts, Inc. 2009 Balance Sheet 2009 2.250 820 2.300 5,370 3,260 8.630 2009 1,700 280 2.400 4.250 Accounts payable Long-term debt Common stock Retained earnings Total abilities & equity 8630 Major Manuscripts, Inc. is currently operating at maximum capacity. All costs, assets, and current liabilities vary directly with sales. The tax rate and the divi payout ratio will remain constant. How much additional debt is required if no new equity is raised and sales are projected to increase by 10 percent? HINTS calculating the growth in assets. Now we need to figure out how we will pay for the arowth. Start by subtracting off from that needed amount of new

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived fro…

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.