Assets:
Cash- 35,000
Accounts Recievable-125,000
Inventory- 50,000
------------
Total Current Assets- 210,000
Plant and Equiptment- 80,000
Total Assets- 290,000
-----------
Liabilities
Accounts Payable- 150,000
Accrued Expenses- 10,000
Total Current Liabilities- 160,000
Notes Payable- 50,000
Total Liabilities- 210,000
-----------
Equity
Common Stock- 50,000
Retained Earnings- 30,000
Total Equity- 80,000
Total Liabilities and Equity- 80,000
-----------
Prior Sales- 500,000
Dividend Payout Ratio 35%
Profit Margin- 10%
Question:
A. Create a new balance sheet using percent of sales with sales = $750,000.
B. Calculate the required new funds assuming full capacity.
C. Calculate the required new funds assuming no new PPE required.