User Account

All Pages

What amount of additional funds

Assignment Help Business Management
Reference no: EM132770700

Suppose that Wind Em Corp. currently has the balance sheet shown below, and that sales for the year just ended were $6.3 million. The firm also has a profit margin of 30 percent, a retention ratio of 20 percent, and expects sales of $7.3 million next year.

AssetsLiabilities and EquityCurrent assets$1,559,000Current liabilities$1,699,110Fixed assets4,300,000Long-term debt1,850,000Equity2,309,890Total assets$5,859,000Total liabilities and equity$5,859,000

If all assets and current liabilities are expected to grow with sales, what amount of additional funds will Wind Em need from external sources to fund the expected growth? (Enter your answer in dollars not in millions.)

Reference no: EM132770700

Questions Cloud

What is the optimal value of z : Consider the following maximization problem:Max z = x1 + 2x2s.t. x1 + x2 = 3002x1 + x2 = 400
Should package delivery be automated with drones : Should Package Delivery Be Automated With Drones? Explain the advantages and disadvantages of using Drones supporting the opinion with authentic articles.
Compare and contrast leadership and management : Compare and contrast leadership and management.
What is the classification of epinephrine : What is the classification of epinephrine? what are some indications for its use?
What amount of additional funds : If all assets and current liabilities are expected to grow with sales, what amount of additional funds will Wind Em need from external sources to fund the expec
What is average payment period : Assume a firm has a cash cycle of 69 days and an operating cycle of 108 days
What might someone do to enhance : In detail, what might someone do to enhance their future career identity and become a better leader?
What are some examples of explanatory : What are some examples of explanatory, descriptive and exploratory questions to research healthcare leadership?
What is average payment period : Assume a firm has a cash cycle of 69 days and an operating cycle of 108 days. What is its average payment period?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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