2023 You boss needs help again With the partial model please forecast Zieber s 2017 | Assignments Online

2023 You boss needs help again With the partial model please forecast Zieber s 2017 | Assignments Online

Assignments Online 2023 Business & Finance

You boss needs help again.

With the partial model please forecast Zieber’s 2017 income statement and balance sheets. Use the following assumptions: (1) Sales grow by 6%. (2) The ratios of expenses to sales, depreciation to fixed assets, cash to sales, accounts receivable to sales, and inventories to sales will be the same in 2017 as in 2016. (3) Zieber will not issue any new stock or new long-term bonds. (4) The interest rate is 11% for long- term debt and the interest expense on long-term debt is based on the average balance during the year. (5) No interest is earned on cash. (6) Regular dividends grow at an 8% rate. Calculate the additional funds needed (AFN). If new financing is required, assume it will be raised by drawing on a line of credit with an interest rate of 12%. Assume that any draw on the line of credit will be made on the last day of the year, so there will be no additional interest expense for the new line of credit. If surplus funds are available, pay a special dividend.
  • What are the forecasted levels of the line of credit and special dividends? (Hints: Create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. Also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. Identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.)
  • Now assume that the growth in sales is only 3%. What are the forecasted levels of the line of credit and special dividends?

Assignmentsonline.org help students to solve their assignment in the best possible manner. In the assignment help industry, we are regarded as one of the best helpers for students’ tasks in all subjects. We provide solutions to students from all corners of the world, but the main focus is from students residing in the US, UK, and Australia. Our primary focus is solving student assignments for all subjects and streams.

Place Order NOw

Assignment online is a team of top-class experts whose only goal is to give you the best assignment help service. Follow the link below to order now...

#write essay #research paper

/by
You might also like
2023 Amazon In the business world it is imperative that each person be able | Assignments Online
2023 Evaluating the workflow of any organization is a complex task that involves analyzing the jobs of individuals | Assignments Online
2023 The assignment has 4 questions which are based on the case study and the | Assignments Online
2023 Part A Your Marketing Plan Use attached templet and look at the | Assignments Online
2023 Amazon com s Business Model and Its Evolution CASE ASSIGNMENTQUESTIONS Assignment Questions 1 WhatarethechiefelementsofAmazon soverallcompetitivestrategy Howwelldothepiecesfittogether Is the strategyevolving | Assignments Online
2023 Introduction When a project is underway there are some activities that affect the project s ability to move | Assignments Online
2023 Competency Design a plan for conducting business and managing employees in a global society Scenario Information | Assignments Online
2023 Discussion 2 Shared Practice The Goal Part 3 In this final week of | Assignments Online