Solve for (Additional Funds Needed)The following is the statement of financial position of Marbell Company, for 20X4.Marbell CompanyStatement of Financial PositionAs of December 31, 20X4(in thousands of pesos)Liabilities and Stockholders' EquityAccounts payableNotes payableAccrued expensesAssetsP900CashAccounts receivableInventoryP15090030060075Current AssetsFixed assetsP1,650600Current liabilitiesP1,275Common stockRetained earnings750225----Total liabilities andstockholder's equityTotal assetsP2,250P2,250Sales for 20X4 were P3,000,000. Sales for 20X5 have been projected to increase by 20%.Assuming that Marbell Company is operating below capacity, calculate the amount of new fundsto finance growth. Marbell has an 8% return on sales and 70% is paid out as dividends.

Addtional Fund Needed = ((Current level of spontaneous assets - Current level of spontaneous…

Answered: Solve for (Additional Funds Needed) The…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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11-13) Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning cash balance is $6,900, what is the ending cash balance? Multiple Choice $75,900. $62,100. $40,500.
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if the beginning cash balance is $5,000, the net cash inflow from operating activities is $20,000, net cash outflow from investing activities is $ (15,000) and net inflows from financing activities is $25,000. the cash balance at the end of the year is O a. $65,000 O b. $30,000 O c. $60,000 O d. $ 35,000
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Hi There, I need ask a favor... How to calculate "Current Liabilites" if I only know, these following data : - Cash and Equivalents : $ 100.00 - Fixed Assets : # 283.50 - Sales : $ 1,000.00 - Net Income : $ 50.00 - Quick Ratio : 2.0 x - Current Ratio : 3.0 x - DSO : 40 Days - ROE : 12% Thank you
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Solve for (Additional Funds Needed) The following is the statement of financial position of Marbell Company, for 20X4. Marbell Company Statement of Financial Position As of December 31, 20X4 (in thousands of pesos)