This preview shows page 1. Sign up to view the full content.
Unformatted text preview: $15,000 for next year, representing an increase of 10% over this year. Except for spontaneous liabilities, the firm uses no other sources of current liabilities and will continue this policy in the future. What will be the cumulative AFN Hogan will need to balance its projected balance sheet using the projected balance sheet method through the first two passes? Last Year Factor First Pass Feedback Second Pass __________ ________ __________ _________ ___________ EBIT $ - Interest EBT $ - Taxes EAT = NI $ - Div. Addition to RE $ Total assets $ Accruals & AP $ Long-term debt Stock Retained Earnings Total liab. & equity $ AFN $________ $________ Cumulative AFN $________ Calculations of capacity, dividends, debt, interest, etc.:...
View Full Document
This note was uploaded on 11/08/2010 for the course AGEC 424 taught by Professor Staff during the Spring '08 term at Purdue University-West Lafayette.
- Spring '08