Assignment 4-4 Worksheet

xlsx

School

Karakoram International University, Gilgit Baltistan *

*We aren’t endorsed by this school

Course

PRINCIPLES

Subject

Management

Date

Nov 24, 2024

Type

xlsx

Pages

49

Uploaded by ConstableScorpion27419

Report
Assignment 4.4 Exercises Problem 1: Creating Proforma Financial Statements A pro forma Income Statement for Monroe Products Co. is displayed b Monroe Products Company . Income Statements, 2019 and Pro Forma 2020 Years Ended December 31st 2019 Actual 2020 Forecast Net Sales $ 1,000,000 $ 1,250,000 Cost of Goods Sold 800,000 1,000,000 Gross Profit $ 200,000 $ 250,000 Operating Expenses 100,000 125,000 Depreciation Expense 50,000 62,500 Operating Income (EBIT) $ 50,000 $ 62,500 Interest Expense 10,000 12,500 Taxable Income $ 40,000 $ 50,000 Income Tax Expense 15,000 18,750 Net Income $ 25,000 $ 31,250 Use the information given to construct the Pro Forma Balance Sheet f a) Sales growth is projected to be 25% in 2020, and Current Assets is d) Given all the above information, What is Monroe Products' projecte Use the Template Provided Below to Create Your Solution - Be su Input / Output area: Monroe Produc Balance Sheets, 2019 a Decembe 2019 2020 Forecast Current Assets $ 500,000 $ 625,000 b) Monroe Products plans to purchase $100,000 of fixed assets in 202 forecast for ending Net Fixed Assets in 2020? c) If Monroe Products pays out 40% of its Net Income in 2020 (payout should its forecast for owner's equity be at the end of 2020?
Net Fixed Assets $ 400,000 $ 437,500 Total Assets $ 900,000 $ 1,062,500
5 Points below: for 2020. s expected to grow with Sales. What should Current Assets be in 2020? ed external funding required for 2020? ure to show or explain your work to get full credit! cts Company and Pro Forma 2020 er 31st 2019 Common Size Current Liabilities $ 200,000 $ 250,000 20, but will not dispose of any existing fixed assets. What should be its t ratio) and will neither sell nor repurchase equity during the year, what
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Long-Term Debt $ 100,000 $ 125,000 Owner's Equity $ 600,000 $ 618,750 $ 900,000 $ 993,750 External Financing Needed: $ 68,750 Total Liabilities and Owners' Equity
This is the Student Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Assignment 4.4 Exercises Problem 2: Creating Proforma Financial Statements Van Buren Enterprises . Income Statement ($ thousands) Year Ended December 31st, 2019 2019 Actual Net Sales $ 9,870 Cost of Goods Sold 8,093 Gross Profit $ 1,777 Operating Expenses 986 Depreciation Expense 182 Operating Income (EB $ 609 Interest Expense 83 Taxable Income $ 526 Income Tax Expense 110 Net Income $ 416 Van Buren En Growth rate in Net Sale 30% Cost of Goods Sold (% 82% Operating Expenses (% 10% Depreciation Expense (e $ 192 Interest Expense (Total $ 159 Tax Rate 21% Dividend Payout Ratio 50% Create your Original Solution Below - Be sure to show all calculations and cl Van Buren Enterprise Income Statement ($ thousands) Net Sales The 2019 Income Statement and Balance Sheet are given below for Van Buren En is the External Funding Required? Assume the Interest Expense estimate includes the cost of any new debt required, Funding Required?
Cost of Goods Sold Gross Profit Operating Expenses Depreciation Expense Operating Income (EBIT) Interest Expense Taxable Income Income Tax Expense Net Income Van Buren Enterprise Balance Sheets Pro Form Year Ending December 31st, 2020 Current Assets 2019 Actual Cash and Securities $ 703.07 Accounts Receivable $ 1,924.65 Inventory $ 1,052.10 Total $ 3,679.82 Net Fixed Assets $ 950.00 Total Assets $ 4,629.82 Current Liabilities Accounts Payable $ 1,095.34 Accured Wages $ 63.00 Total $ 1,158.34 Long-Term Debt $ 1,400.00 Owner's Equity Common Stock $ 200.00 Retained Earnings $ 1,260.98 Total $ 1,460.98 $ 4,019.32 Total Liabilities and Owners' Equity
10 Points Van Buren Enterprises Balance Sheets Year Ended December 31st, 2019 ($ th 2019 Actual Current Assets Cash and Securities $ 540 Accounts Receivable 1,485 Inventory 810 Total $ 2,835 Net Fixed Assets $ 850 Total Assets $ 3,685 nterprises Assumptions for 2020 $ 1,400 20 15% 10 38 $ 63 $ 950 learly indicate answers. 2020 Forecast $ 12,831.00 nterprises. Using the assumptions provided, create the 2020 Pro Forma Income Statement an , and Common Stock will not change. Create the 2020 Pro Forma Balance Sheet and Income
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
$ 10,521.00 $ 2,310.00 $ 1,283.10 $ 192.00 $ 834.90 $ 159.00 $ 675.90 $ 141.94 $ 533.96
housands) 2019 Actual Current Liabilities Accounts Payable $ 843 Accured Wages 48 Total $ 891 Long-Term Debt $ 1,600 Owner's Equity Common Stock $ 200 Retained Earnings 994 Total $ 1,194 $ 3,685 nd Balance Sheet. What Total Liabilities and Owners' Equity e Statements. What is the External
This is the Student Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Assignment 4.4 Exercises Problem 3: Preparing a Cash Budget 5 Points Actual April May June Sales $ 493,200 $ 575,400 $ 1,644,000 ### Purchases $ 698,700 $ 739,800 $ 1,644,000 ### a) What are the company's expected cash receipts in September? b) What would the company's Accounts Receivable balance be at the end of Septemb c) What are the company's expected cash expenditures for purchases in September? d) What would be the company's Accounts Payable balance at the end of September? Use the Template Provided Below to Create Your Solution - Pay close attention Input area: Cash Flows Actual April May June Sales ($) $ 493,200 $ 575,400 $ 1,644,000 ### Purchases ($) $ 698,700 $ 739,800 $ 1,644,000 Percent Sales in Cash (%) 20% Collection Period (Days) 90 Payables Period (Days) 45 Output area: Actual April May June Cash Sales $ 98,640 $ 115,080 $ 328,800 Credit Sales $ 394,560 $ 460,320 $ 1,315,200 Fillmore Lawn Mowers Company's estimated sales and purchases for the past three m are shown below: Only 20% of Filmore's sales are for cash. The company's Average Collection Period suppliers is 45 days.
Receipts: Cash from Current Month Sales $ 98,640 $ 115,080 $ 328,800 Cash from Prior Months Sales Total Cash Receipts Accounts Receivable Balance $ 2,170,080 Credit Purchases $ 698,700 $ 739,800 $ 1,644,000 Cash for Prior Months Purchases $ 349,350 $ 719,250 Accounts Payable Balance $ 1,089,150 $ 2,013,900
Forecast July August September $ 822,000 $ 328,800 $ 328,800 $ 411,000 $ 164,400 $ 164,400 ber? ? ? to the formulas and formatting of the inputs. Forecast July August September $ 822,000 $ 328,800 $ 328,800 $ 411,000 $ 164,400 $ 164,400 Forecast July August September $ 164,400 $ 65,760 $ 65,760 $ 657,600 $ 263,040 $ 263,040 months, plus projected sales and purchases for thenext three months, from customers is 90 days. It's standard pay terms with
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
$ 164,400 $ 65,760 $ 65,760 $ 394,560 $ 460,320 $ 1,315,200 $ 558,960 $ 526,080 $ 1,380,960 $ 2,433,120 $ 2,235,840 $ 1,183,680 $ 411,000 $ 164,400 $ 164,400 $ 1,191,900 $ 1,027,500 $ 287,700 $ 1,233,000 $ 369,900 $ 246,600
This is the Student Template, provided in the assignment instructions October 2019
Assignment 4.4 Exercises Problem 4: Preparing a Cash Budget 10 Points Actual October November December Sales $ 250,000 $ 275,000 $ 300,000 Purchases $ 175,000 $ 200,000 $ 225,000 a) What are the company's expected cash receipts in March? b) What would the company's Accounts Receivable balance be at the end of March c) What are the company's expected cash expenditures for purchases in March? d) What would be the company's Accounts Payable balance at the end of March? Create your Original Solution Below - Be sure to show all calculations and cle Cash Flows Actual October November December Sales ($) $ 250,000 $ 275,000 $ 300,000 Purchases ($) $ 175,000 $ 200,000 $ 225,000 Percent Sales in Cash (%) 50% Collection Period (Days) 60 Payables Period (Days) 30 Actual October November December Cash Sales $ 125,000 $ 137,500 $ 150,000 Credit Sales $ 125,000 $ 137,500 $ 150,000 Receipts: Cash from Current Month Sales $ 125,000 $ 137,500 $ 150,000 Cash from Prior Months Sales $ 125,000 Total Cash Receipts $ 275,000 Hayes, Inc. is growing steadily, causing some concerns about its cash flow. The co projected sales and purchases for the next three months, are shown below: Half of Hayes' sales are for cash. The company's Average Collection Period from c 30 days.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Accounts Receivable Balance $ 2,625,000 $ 2,875,000 Credit Purchases $ 175,000 $ 200,000 $ 225,000 Cash for Prior Months Purchases $ 175,000 $ 200,000 Accounts Payable Balance $ 175,000 $ 200,000 $ 225,000
Forecast January February March ### $ 325,000 $ 350,000 $ 400,000 ### $ 250,000 $ 275,000 $ 300,000 h? early indicate answers. Forecast January February March ### $ 325,000 $ 350,000 $ 400,000 ### $ 250,000 $ 275,000 $ 300,000 Forecast January February March $ 162,500 $ 175,000 $ 200,000 $ 162,500 $ 175,000 $ 200,000 $ 162,500 $ 175,000 $ 200,000 $ 137,500 $ 150,000 $ 162,500 $ 300,000 $ 325,000 $ 362,500 ompany's estimated sales and purchases for the past three months, plus customers is 60 days. It's standard pay terms with suppliers is
$ 312,500 $ 337,500 $ 375,000 $ 250,000 $ 275,000 $ 300,000 $ 225,000 $ 250,000 $ 275,000 $ 250,000 $ 275,000 $ 300,000
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
This is the Student Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Assignment 4.4 Exercises Problem 5: Preparing a Cash Budget Actual October November Sales $ 240,000 $ 280,000 Purchases $ 340,000 $ 360,000 Wages Payable Each Month $ 120,000 Taxes Payable End of March $ 110,000 Interest Payable Each Month $ 30,000 Equipment Purchase in February $ 175,000 The company's cash balance on January 1st is $200,000. It desires a mi a) Construct a monthly cash budget for January through March. b) How large a loan does the company need to sustain its minimum cash Use the Template Provided Below to Create Your Solution - Be sure Input area: Cash Flows Actual October November Sales ($) $ 240,000 $ 280,000 Purchases ($) $ 340,000 $ 360,000 Other Cash Expenditures ($) Percent Sales in Cash (%) 30% Star Cleveland Twice Industrials Co. is projecting a potential cash shortfall in t and purchases for the next three months, are shown below: 30% of Cleveland's sales are for cash. The company's Average Collectio company is planning the following cash expenditures:
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Collection Period (Days) 90 Minim Payables Period (Days) 60 Output area: Forecast January February Cash Receipts: Sales for Cash $ 120,000 $ 48,000 Collections from Credit Sales $ 168,000 $ 196,000 Total Cash Receipts $ 288,000 $ 244,000 Cash Disbursements: Payment for Purchases $ 360,000 $ 600,000 Other Cash Disbursements: $ 150,000 $ 325,000 Total Cash Disbursements $ 510,000 $ 925,000 Net Receipts (Disbursements) $ (222,000) $ (681,000) Determination of Cash Needs: Beginning Cash $ 200,000 $ (22,000) Net Receipts (Disbursements) $ (222,000) $ (681,000) Ending Cash $ (22,000) $ (703,000) Minimum Cash Desired $ 100,000 $ 100,000 Cash Surplus (Deficit) $ (122,000) $ (803,000)
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
5 points Forecast December January February March $ 800,000 ### $ 400,000 $ 160,000 $ 160,000 $ 600,000 ### $ 150,000 $ 80,000 $ 80,000 inimum cash balance of $100,000 at all times. h balance? to show or explain your work to get full credit! Forecast December January February March $ 800,000 ### $ 400,000 $ 160,000 $ 160,000 $ 600,000 $ 150,000 $ 80,000 $ 80,000 $ 150,000 $ 325,000 $ 260,000 rting Cash Balance: $ 200,000 the next three months. The company's estimated sales and purchases for the past thre on Period from customers is 90 days. It's standard pay terms with suppliers is 60 days.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
mum Cash Balance: $ 100,000 March $ 48,000 $ 560,000 $ 608,000 $ 150,000 $ 260,000 $ 410,000 $ 198,000 $ (703,000) $ 198,000 $ (505,000) $ 100,000 $ (605,000)
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Input area: Cash Flows Actual October November December Sales ($) $ 165,714 $ 134,286 $ 102,857 $ 71,429 ### Purchases ($) $ 12,619 $ (51,310) $ (115,238) $ (179,167)### Other Cash Expenditures ($) ### Percent Sales in Ca 30% Starting Cash Balance: ### ee months, plus projected sales In addition, the Ja nu ar y
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Collection Period ( 90 Minimum Cash Balance: ### Payables Period (D 60 Output area: Forecast April May June Cash Receipts: Sales for Cash $ 12,000 $ 2,571 $ (6,857) Collections from C $ 116,000 $ 94,000 $ 72,000 Total Cash Receipt $ 128,000 $ 96,571 $ 65,143 Cash Disbursements: Payment for Purchas $ (51,310) $ (115,238) $ (243,095) Other Cash Disburse $ 355,000 $ 410,000 $ 465,000 Total Cash Disburs $ 303,690 $ 294,762 $ 221,905 Net Receipts (Disb $ (175,690) $ (198,190) $ (156,762) Determination of Cash Needs: Beginning Cash $ 200,000 $ 24,310 $ (173,881) Net Receipts (Dis $ (175,690) $ (198,190) $ (156,762) Ending Cash $ 24,310 $ (173,881) $ (330,643) Minimum Cash De $ 100,000 $ 100,000 $ 100,000 Cash Surplus (Defic $ (75,690) $ (273,881) $ (430,643)
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Forecast February March $ 8,571 $ (22,857) $ (307,024) $ (370,952) $ 410,000 $ 465,000
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
This is the Student Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Assignment 4.4 Exercises Problem 6: Preparing a Cash Budget 10 points Actual October November December Sales $ 450,000 $ 550,000 $ 800,000 Purchases $ 400,000 $ 500,000 $ 350,000 Wages Payable Each Month $ 85,000 Taxes Payable End of March $ 80,000 Interest Payable Each Month $ 15,000 Dividend Payment in March $ 75,000 The company's cash balance on January 1st is $350,000. It desires a minimum cash a) Construct a monthly cash budget for January through March. b) Does the company need a loan to sustain its minimum cash balance? If so, how la Create your Original Solution Below - Be sure to show all calculations and clearl Cash Flows Actual October November December Sales ($) $ 450,000 $ 550,000 $ 800,000 Purchases ($) $ 400,000 $ 500,000 $ 350,000 Other Cash Expenditures ($) Percent Sales in Cash (%) 40% Starting Cash Balanc Collection Period (Days) 60 Minimum Cash Balanc Payables Period (Days) 90 Forecast January February March Cash Receipts: Taft, Inc. is planning its financing needs for the next three months. The company's est sales and purchases for the next three months, are shown below: 40% of Taft's sales are for cash. The company's Average Collection Period from custo days. In addition, the company is planning the following cash expenditures:
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Sales for Cash $ 160,000 $ 180,000 $ 180,000 Collections from Credit Sales $ 330,000 $ 480,000 $ 240,000 Total Cash Receipts $ 490,000 $ 660,000 $ 420,000 Cash Disbursements: Payment for Purchases $ 400,000 $ 500,000 $ 350,000 Other Cash Disbursements: $ 100,000 $ 100,000 $ 255,000 Total Cash Disbursements $ 500,000 $ 600,000 $ 605,000 Net Receipts (Disbursements) $ (10,000) $ 60,000 $ (185,000) Determination of Cash Needs: Beginning Cash $ 350,000 $ 340,000 $ 400,000 Net Receipts (Disbursements) $ (10,000) $ 60,000 $ (185,000) Ending Cash $ 340,000 $ 400,000 $ 215,000 Minimum Cash Desired $ 200,000 $ 200,000 $ 200,000 Cash Surplus (Deficit) $ 140,000 $ 200,000 $ 15,000
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Forecast January February March ### $ 400,000 $ 450,000 $ 450,000 ### $ 200,000 $ 300,000 $ 300,000 balance of $200,000 at all times. rge should it be? ly indicate answers. Forecast January February March $ 400,000 $ 450,000 $ 450,000 $ 200,000 $ 300,000 $ 300,000 $ 100,000 $ 100,000 $ 255,000 ce: $ 350,000 ce: $ 200,000 timated sales and purchases for the past three months, plus projected omers is 60 days. It's standard pay terms with suppliers is 90
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
This is the Student Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Assignment 4.4 Exercises Problem 7: Growth Management Analysis 2015 2016 Profit Margin (%) 5.0% 6.0% Retention Ratio (%) 99.5% 100.0% Total Asset Turnover Ratio 1.20 1.90 Financial Leverage (Assets/Equity) 1.70 1.80 Actual Growth Rate in Sales (%) 36.8% 74.6% a) Calculate the company's sustainable growth rate for the years 2015 - 2019 c) How did the company cope with this challenge? Use the Template Provided Below to Create Your Solution - Pay close at Input area: 2015 2016 Profit Margin (%) 5.0% 6.0% Retention Ratio (%) 99.5% 100.0% Total Asset Turnover Ratio 1.20 1.90 Financial Leverage (Assets/Equity) 1.70 1.80 Actual Growth Rate in Sales (%) 36.8% 74.6% Output area: a) 2015 2016 Sustainable Growth Rate 10.1% 20.5% b) Intepretation: What growth management challenge did the compa The company did not experience steady growth between years. They had Coolidge, Inc. provides private policing and security services, primarily for Am data for the company for the period 2015-2019: b) Compare the company's sustainable growth rate with its actual growth rate challenge did the company face over this period?
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
c) Intepretation: How did the company cope with this challenge? The company has sales growth, but their profit margin increased and dec
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
5 Points 2017 2018 2019 3.6% 4.2% 6.2% 100.0% 100.0% 100.0% 1.80 2.00 2.50 1.70 1.70 1.70 3.1% 15.9% 47.1% 9. ttention to the formulas and formatting of the inputs. 2017 2018 2019 3.6% 4.2% 6.2% 100.0% 100.0% 100.0% 1.80 2.00 2.50 1.70 1.70 1.70 3.1% 15.9% 47.1% 2017 2018 2019 11.0% 14.3% 26.4% any face over this period? d growth between 2015 and 2016, but then faced significant decline between 2016 and 20 merican Indian reservations. Following are some selected financial e in sales. What growth management
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
creased
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
017.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
This is the Student Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Assignment 4.4 Exercises Problem 8: Growth Management Analysis 2015 2016 Profit Margin (%) 13.5% 13.2% Retention Ratio (%) 50.0% 50.0% Total Asset Turnover Ratio 1.90 1.85 Financial Leverage (Assets/Equity) 1.50 1.50 Actual Growth Rate in Sales (%) 6.2% 3.0% a) Calculate the company's sustainable growth rate for the years 2015 - 2019 c) What could the company do to cope with this challenge? Create your Original Solution Below - Be sure to show all calculations a 2015 2016 Profit Margin (%) 13.5% 13.2% Retention Ratio (%) 50.0% 50.0% Total Asset Turnover Ratio 1.90 1.85 Financial Leverage (Assets/Equity) 1.50 1.50 Actual Growth Rate in Sales (%) 6.2% 3.0% 2015 2016 Sustainable Growth Rate 19.2% 18.3% the availabe resourses of the company is not managed properly as the Su Eisenhower Co. has a storied history, but recently shareholders have been d data for the period 2015-2019: b) Compare the company's sustainable growth rate with its actual growth rate challenge did the company face over this period?
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
10 Points 2017 2018 2019 13.7% 13.1% 12.4% 50.0% 50.0% 50.0% 1.70 1.75 1.65 1.50 1.50 1.50 -2.1% 4.7% 3.5% 9. and clearly indicate answers. 2017 2018 2019 13.7% 13.1% 12.4% 50.0% 50.0% 50.0% 1.70 1.75 1.65 1.50 1.50 1.50 -2.1% 4.7% 3.5% 2017 2018 2019 17.5% 17.2% 15.3% ustainable Growth Rate is greater than the Actual growth rate. The receivables are not col dissatisfied with its anemic growth. Following are selected financial e in sales. What growth management
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
llected. The potencial of sales is low. It shows that the company is not performing as exp
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
pected.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
This is the Student
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
t Template, provided in the assignment instructions October 2019
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help

Related Documents

HW#2 FORECASTING (Omar Nadeem).docx
Discussion 6.docx
ScreenHunter 7479.jpg
Activity 7 followership style.docx
Week 7 Forum.docx
Unit 1 BUS604 RANDALL TONIA.docx
Reflection.docx
2206213.docx
Hotel and Tourism Management Exam.docx
3_02c_do_i_know_my_talentsmc.docx
AUS 1.docx
Lesson Learned Essay.pdf
Recommended textbooks for you
Text book image
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Text book image
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Text book image
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Text book image
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Text book image
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Text book image
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON
SEE MORE TEXTBOOKS
Recommended textbooks for you
Text book image
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Text book image
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Text book image
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Text book image
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Text book image
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Text book image
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON
SEE MORE TEXTBOOKS