23 Jul WHAT WOULD BE THE ADDITIONAL FUNDS NEEDED FOR THE COMING YEAR?
Broussard Skateboards sales are expected to increase by 15% from $7.4 million in 2013 Show more AFN Equation Broussard Skateboards sales are expected to increase by 15% from $7.4 million in 2013 to $8.51 million in 2014. Its assets totaled $4 million at the end of 2013. Baxter is already at full capacity so its assets must grow at the same rate as projected sales. At the end of 2013 current liabilities were $1.4 million consisting of $450000 of accounts payable $500000 of notes payable and $450000 of accruals. The after-tax profit margin is forecasted to be 3%. Assume that the company pays no dividends. Under these assumptions What would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar. Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.