subject
Business, 24.07.2020 03:01 Averybeam300

For the current year sales are $1,400,000, current assets are $101,524, and current liabilities are $85,265. If sales are forecasted to increase 12% next year, and all current assets and current liabilities vary proportionally with sales (i. e. they are spontaneous items), what is the forecasted amount of net working capital next year?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:30
Emil motycka is considered an entrepreneur because
Answers: 2
question
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
question
Business, 22.06.2019 14:00
Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?
Answers: 1
question
Business, 22.06.2019 19:00
The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 3
You know the right answer?
For the current year sales are $1,400,000, current assets are $101,524, and current liabilities are...
Questions
question
Mathematics, 18.10.2019 12:20
question
Mathematics, 18.10.2019 12:20
Questions on the website: 13722361