Example: Determine the financing needed for a company from the following information: 1- The total assets that change with an increase in sales amounted to 100,000 dinars, and the percentage of current liabilities that change with an increase in sales is 20% of the ratio of assets to sales 2- The company distributes a dividend of 60% of net income The amount of 20,000 dinars and that the profit margin is 10% 3- Estimated sales are 25% more than the current sales
Example: Determine the financing needed for a company from the following information: 1- The total assets that change with an increase in sales amounted to 100,000 dinars, and the percentage of current liabilities that change with an increase in sales is 20% of the ratio of assets to sales 2- The company distributes a dividend of 60% of net income The amount of 20,000 dinars and that the profit margin is 10% 3- Estimated sales are 25% more than the current sales
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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