Multiple Choice
Used Auto Sales has sales for this year of $418,000,current liabilities of $190,400,and net working capital of $21,700.The projected sales for next year are $450,000.All current accounts change directly with sales.What is the projected value of current assets for next year?
A) $200,306.56
B) $204,013.11
C) $192,626.23
D) $228,337.32
E) $205,706.56
Correct Answer:
Verified
Correct Answer:
Verified
Q18: Financial planning,when properly executed<br>A)helps ensure that adequate
Q23: All of the following are financial leverage
Q78: Ratio analysis works best when evaluating the
Q79: When creating pro forma statements,the changes in
Q81: Lancaster Bakery has net fixed assets of
Q82: Nelson Farms has 6,500 shares of stock
Q84: EBITDA is the abbreviation for earnings before<br>A)insurance,taxes,depreciation,and
Q85: You have obtained the following information for
Q87: The internal rate of growth is based
Q88: The enterprise value estimates the<br>A)current market value