fin 200 week 3 assignment

fin 200 week 3 assignment - (that is use the original...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
The Landis Corporation had 2009 sales of $204 million. The balance Percent Cash 6% Accounts receivable 11% Inventory 18% Net fixed assets 39% Accounts payable 17% Accruals 6% Profit margin after taxes 5% The dividend payout rate is 50 percent of earnings, and the balance in retain Common stock and the company’s long-term bonds are constant at $10 milli How much additional external capital will be required (Assume that the company is already operating at fu What will happen to external fund requirements if Lan or suffers a decline in its profit margin? Discuss each Prepare a pro forma balance sheet for 2010 assumin c. Balance Sheet—Decem (Dollars in Millio Cash Accounts Receivable Inventory Net Fixed Assets a . b . c . Disregard the information in part b in answering this
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 4
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: (that is, use the original information and part a in con Total Assets sheet items that vary directly with sales and the profit margin are as follows: ned earnings at the end of 2009 was $73.0 million. llion and $5 million, respectively. Notes payable are currently $16 d for next year if sales increase 12 percent. ll capacity.) ndis Corporation reduces the payout ratio, grows at a slower rate, h of these separately. ing that any external funds being acquired will be in the form of notes payable. ber 31, 2010 ions) Accounts Payable Accruals Notes Payable Long-Term Bonds Common Stock question nstructing your pro forma balance sheet). Retained Earnings Total Liabilities and Equity : million. ....
View Full Document

Page1 / 6

fin 200 week 3 assignment - (that is use the original...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online