PRINCESS Trading Company presents the following data as of December 31, 2018. Percent to sales Amount 10% 25% 200,000 500,000 700,000 200,000 300,000 Cash Accounts Receivable 35% Inventory Accounts Payable Notes Payable 10% 15% The business is expected to increase its sales by 40% next year. It has maintained a net profit margin to sales of 10% with a dividend payout ratio of 40%. Compute the following: 5. Projected increase in current assets 6. Spontaneous increase in current liabilities 7. Increase in retained earnings 8. Additional fund needed.

Hi, Could you please show me how to solve this with formulas? not excel, I should have clarified. Thanks

is there a way to do this question with formulas and a calculator instead of excel? if so please upload the solution this way

Further info is in the attached images For the Excel part of the question give the solutions in the form of the Excel equations. Please and thank you! :) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B34 enter the formula "= B9". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text. Check your worksheet by changing the beginning work in process inventory to 100 units, the units started into production during the period to 2,500 units, and the units in ending work in process inventory to 200 units, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the cost per equivalent unit for materials should now be $152.50 and the cost per equivalent unit for conversion should be $145.50. Thank you!

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