Pro forma financial statements for this year

Assignment Help Financial Management
Reference no: EM13924549

Esther egg farm is contructing its pro forma financial statements for this year. At year end, assest were 400,000 and accounts payable(the only curren liabilities account) were 125,000 last year sales were 500,000. esther expects to grow by 15% this year. assests and account payables are expected to grow proportionally sales. common stock currently equals 140,000 and reained earnings aare 98,000. esther plans to sell 15000 of new common stock this year. the firm profit mergin on sales is 6% and 40& of earnings will be paid out as divideneds how much new long term debt financining will esther need this year to finance it expected growth?

Reference no: EM13924549

Questions Cloud

Implications of deviations from purchasing power parity : What are the implications of deviations from purchasing power parity for countries’ competitive positions in the world markets?
Discussion-water cooler discussion on leadership styles : The water cooler has become a symbol in business life. Like any common gathering place in an office slightly removed from the cubicles and desks, the water cooler is a place to share information, both casual and vital, and to build networks with coll..
Available information about creating : This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. Envision a service-based (insurance, telemarketing, or other) profit organization that employs 20,000 empl..
How has the company managed to survive : Given that Tesla has consistently generated losses, how has the company managed to survive? Read Tesla's Stockholder Letter for the first quarter of 2015. Tesla repeatedly refers to "non- GAAP" results.
Pro forma financial statements for this year : Esther egg farm is contructing its pro forma financial statements for this year. At year end, assest were 400,000 and accounts payable(the only curren liabilities account) were 125,000 last year sales were 500,000. esther expects to grow by 15% this ..
Frequency table with frequency and relative frequency : A random sample of 25 customers was chosen in UMUC MiniMart between 3:00 and 4:00 PM on a Friday afternoon. The frequency distribution below shows the distribution for checkout time (in minutes).
Research-based assignment focuses on the latest : This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. Envision a service-based (insurance, telemarketing, or other) profit organization that employs 20,000 empl..
Job to verify physician credentials for staff privileges : You are the assistant director of the hospital medical staff office at The Rural Outreach Community Hospital in a tiny town in Arkansas. It is your job to verify physician credentials for staff privileges. Your hospital receives an application from a..
Compare performance of dj euro stoxx index and the us dollar : Compare the performance of the DJ Euro STOXX index in terms of euros and the U.S. dollar. Find one other index that will allow a comparison between two different currencies and discuss their relative performance.

Reviews

Write a Review

Financial Management Questions & Answers

  Some funds for living expenses after retirement

What mutual funds would you recommend for a 40 year old single man who is saving for his retirement? He hopes to retire at age 70. He is a moderate risk taker. He will definitely need some funds for living expenses after retirement.

  Prepare an incremental analysis

Anna Garden recently opened her own basket weaving studio. She sells finished baskets in addition to the raw materials needed by customers to weave baskets of their own. Anna has put together a variety of raw material kits, each including materials a..

  Events usually lead to capital deepening

Would the following events usually lead to capital deepening? Why or why not?

  What is your return rate in one year

Last year, you purchased a $1,000 par value bond with a 7.5% annual coupon and a 20-year maturity. At the time of the purchase, it had an expected YTM of 8%. After receiving the coupon, you sold the bond today for $930. What is your return rate in on..

  Making deposits into fund continuously at rate

Max starts making deposits into a fund continuously at a rate of (19-2t). He will be making deposits until time t=7. This fund credits a force of interest of 2.1%. Calculate the present value of this fund two ways: one method should use an Increasing..

  How much will investment be worth at the end

Bobbie decides to invest $4,000 per year each year in a mutual stock. During the past ten years, the stock has maintained an average 9% interest. If the trend remains the same, how much will Dawn's investment be worth at the end of 7 years?

  Replacing existing equipment with new equipment

Company is replacing existing equipment with new equipment which can replicate what the existing machine does and also support a new product line.

  What will be alabasters cost of equity

Alabaster Incorporated wants to be levered at a debt to value ratio of .6. The cost of debt is 9%, the tax rate is 35%, and the cost of equity for an all equity firm is 12%. What will be Alabaster's cost of equity?

  What is the net working capital for 2012

What is the Net Working Capital for 2012 and what is it for 2011 - what is the Change in Net Working Capital (NWC)?

  The split has no effect on the total market value

JPix management is considering a stock split. JPix currently sells for $65 per share, and a 3-for-2 stock split is contemplated. What will be the company's stock price following the stock split assuming that the split has no effect on the total marke..

  How many months will it be before he pays off the card

Paying off credit cards Simon recently received a credit card with an 13% nominal interest rate. With the card, he purchased an Apple iPhone 5 for $400. The minimum payment on the card is only $10 per month. If Simon makes the minimum monthly payment..

  What is the price of treasury bill

What is the price of a U.S. Treasury bill with 68 days to maturity quoted at a discount yield of 1.30 percent? Assume a $1 million face value.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd