Calculate the actual percentage change in sales

Assignment Help Financial Management

Reference no: EM131316959

Go to https://fi nance.yahoo.com or another financial Web site, and download the most recent two years' balance sheets and income statements for a firm of your choice. Do not choose a firm that issued or retired a significant amount of common stock in either year.

a. Calculate the actual percentage change in sales from two years ago to last year.

b. Using the balance sheet and income statement from two years ago, calculate the firm's sustainable growth rate.

c. If the sustainable growth rate does not equal the actual growth rate in sales, explain how changes in the firm's financial ratios in the second year reflected the firm's decision in the previous year to grow at a rate other than the sustainable rate.

Reference no: EM131316959

Questions Cloud

Difference between conservative and aggressive strategy : Why might pro forma statements and the equation for external funds required (EFR) yield different projections for a firm's financing needs?

Explore the functions of communication strategic planning : Explore the functions of communication in the strategic and program planning processes for a health care organization. Consider the topics discussed thus far and clearly integrate at least five key concepts related to an effective and efficient st..

What was most important to your parents : Did you go to university or college?How did you decide what you wanted to study?When did you get married?How old were you?Where did you get marred?What was your wedding like ?What is something funny or embarrassing one of your children said at an ear..

Explain how slower inventory turns : Explain how slower inventory turns, slower receivables collections, or faster payments to suppliers would influence the numbers produced by a cash budget.

Calculate the actual percentage change in sales : Calculate the actual percentage change in sales from two years ago to last year.- Using the balance sheet and income statement from two years ago, calculate the firm's sustainable growth rate.

Discuss the main points of the path-goal theory : Discuss the main points of the path-goal theory and give an example. Cite the main points of the LMX (Leadership Member Exchange) theory including some of its strengths.

What impact would restructuring have : Assuming that the company faces a 35 percent tax rate, what impact would this restructuring have on its sustainable growth rate?

What is your position on gun control : What is your position on gun control? Make an argument that is supported by at least three statistical findings.Find an argument in the media that uses statistics for its premise on an issue other than gun control, and critique it. What requiremen..

Discuss what this means in toxicological terms : Based on the LD50 value of dioxins in guinea pigs which was extrapolated to humans, dioxins can kill humans. Discuss what this means in toxicological terms

User Account

All Pages