Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Genatron Manufacturing expects its sales to increase by 10 percent in 2013. Estimate the firm's external financing needs by using the percent-of-sales method for the 2012 data. Assume that no excess capacity exists and that one-half of the 2012 net income will be retained in the business.

EFN = ((TA/NS)*(deltaNS)) - (((AP + AC)/NS)*deltaNS) - (((NS13)*(NPM))/(NS)*(RR))

2013 Forecasted sales (NS13)
Change in sales (?NS)
Total assets (TA)
Net sales (NS)
Accounts payable (AP)
Accruals (AC)
Net profit margin (NPM)
Percent of net income retained in firm (RR)

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M925757

Have any Question? 


Related Questions in Basic Finance

The assignment will require the group to undertake research

The assignment will require the group to undertake research using the website of the Australian Stock Exchange (ASX) and/or the Company whose industry is Food, Beverage & Tobacco that you have chosen. Elder Ltd is the ap ...

Before there was paris hilton there was consuelo vanderbilt

"Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan - a Gilded Age heiress and socialite, re-nowned for her beauty and wealth. Now Ms. Balsan's onetime Hamptons home is slated to hit the market priced at ...

Discuss the statement since i have high credit card limits

Discuss the statement: "Since I have high credit card limits, I have lots of money." Are credit cards money? Why or why not?

Governors of the federal reserve serve overlapping terms in

Governors of the Federal Reserve serve overlapping terms in office. When one governor is appointed, the others are at various points in their terms. Suppose a new law mandates that all governors be appointed at the same ...

Prepare a two- to three-page analysis by answering the

Prepare a two- to three-page analysis by answering the questions below. Assume that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place: BALANCE SHEET FOR ECOVILLE INTE ...

Questionsalist and briefly describe the three general areas

Questions A. List and briefly describe the three general areas of responsibility for a chief financial officer (CFO) of a selected non-financial company which is listed on Australian Stock Exchange (ASX). Explain how tho ...

Question 1 which of the following condition is correct if

Question 1: Which of the following condition is correct if you want to value a European call futures option where the futures price is 50, the strike price is 50, the risk-free rate is 5%, the volatility is 20% and the t ...

In excercises 17-36 assume that a randomly selected subject

In excercises 17-36, assume that a randomly selected subject is given a bone density test. Those test scores are normally distributed with a mean of 0 and a standard deviation of 1. In each case, draw a graph and find th ...

Changes to credit rating process explain how credit raters

Changes to Credit Rating Process : Explain how credit raters have changed their process following criticism of their ratings during the credit crisis.

Why are the carry trade profits may so small relative to

Why are the carry trade profits may so small relative to the initial capital borrowed? Compare how much the dollar depreciated against the yen to the size of the interest differential.

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate