Assume forecasted sales are 26117 and the gp margin is, Ask an Expert

Management Studies

Question1) Assume forecasted sales are $26,117 and the GP margin is expected to be 35%. If the forecasted ratio of inventories to cost of sales is 20%, calculate the forecasted inventories balance for the pro forma financial statements.

Question2) Assume starting of year retained earnings are $7,767 and net income is forecasted to be $2,341 for the coming year. If the dividend payout ratio is expected to be 25.00 percent, compute forecasted end-of-year retained earnings.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9313766

Have any Question?Write your Review or question?

Related Questions in Business Management

What methods can be used to encourage review and provide

What methods can be used to encourage, review and provide feedback to individuals on a continuous basis?

In class we were discussing different types of learningwhat

In class we were discussing different types of learning What is the difference between Institutional Learning and System Learning? Is it possible to transition from one to the other in the business setting?

What is important about claims and determining benefitswhat

What is important about claims and determining benefits? What is important about member services? How do these interact with each other?

Describes the ways two different companies use michael

Describes the ways two different companies use Michael Porter's three strategies. How are information systems assisting these companies in implementing each strategy? How has Walmart (for the most part) become a cost lea ...

This discussion task is designed to help you analyze some

This discussion task is designed to help you analyze some research studies on the topic on which you will be writing WA #3. To complete this task, you find three articles through UMUC's OneSearch that report on research ...

In this discussion topic we will explore some resources

In this discussion topic, we will explore some resources that are designed to help students understand the concept of a literature review. Please browse these resources and then complete the discussion post below. The ar ...

What are the moralethical implications on the use of power

What are the moral/ethical implications on the use of power to influence outcomes? Do ends justify means when exerting power? Support your answer.

You are given the following cost functiontc80q--4q201q3a

You are given the following cost function: TC=80Q--4Q^2+0.1Q^3 a. Derive the average variable cost, average cost, and marginal cost equations. b. Over what range of output does economies of scale exist? Diseconomies of s ...

What is an editorwhat is a text formattername the editors

What is an editor? What is a text formatter? Name the editors that the UNIX operating system supports. Name the vi modes. Name the keys that place the vi editor in the text input mode. Explain how the vi editor uses buff ...

Write template function called sumsmall that takes an array

Write template function called sumSmall that takes an array of type T* and length as parameters. What type should it return?In the function, sum all values THAT ARE LESS THAN 10. In other words, if the value is 10 or gre ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert