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carlvh37 carlvh37
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A month ago
Company A's current sales are $120 and the most current balance sheet is presented below. Suppose the sales growth rate is 10% and that short-term debt, long-term debt, and equity are not expected to change. What is the external financing needed for next year?

year 0
Cash10
Securities10
A/R5
Inventory25
Net fixed assets100
Total Assets150
Accruals10
Accounts payable5
Short-term debt15
Long-term debt40
Equity80
Total Liabilities and Shareholders' Equity150


▸ -$13.5

▸ $151.5

▸ $165

▸ $13.5
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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MariannaGMariannaG
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A month ago
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carlvh37 Author
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A month ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks for your help!!
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