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  • Forecasting

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    Kwaku Obeng-Appiah
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    The document contains financial information for a company across three years, 2005, 2006 and 2007. It shows that net sales grew 25% year-over-year from 2005 to 2006. Cost of goods sold was 86% of net sales while general expenses were 12% of net sales. Long term debt was $760,000 in 2005 and $660,000 in 2006 with an interest rate of 10%. The tax rate was 45% and dividends paid were 50% of earnings after tax. Current assets were 29% of net sales and net fixed assets were $280,000. Current liabilities were 14.5% of net sales and owners' equity was $1,730,000 in 2005.

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    The document contains financial information for a company across three years, 2005, 2006 and 2007. It shows that net sales grew 25% year-over-year from 2005 to 2006. Cost of goods sold was 86% of net sales while general expenses were 12% of net sales. Long term debt was $760,000 in 2005 and $660,000 in 2006 with an interest rate of 10%. The tax rate was 45% and dividends paid were 50% of earnings after tax. Current assets were 29% of net sales and net fixed assets were $280,000. Current liabilities were 14.5% of net sales and owners' equity was $1,730,000 in 2005.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    32 views1 page

    Forecasting

    Uploaded by

    Kwaku Obeng-Appiah
    The document contains financial information for a company across three years, 2005, 2006 and 2007. It shows that net sales grew 25% year-over-year from 2005 to 2006. Cost of goods sold was 86% of net sales while general expenses were 12% of net sales. Long term debt was $760,000 in 2005 and $660,000 in 2006 with an interest rate of 10%. The tax rate was 45% and dividends paid were 50% of earnings after tax. Current assets were 29% of net sales and net fixed assets were $280,000. Current liabilities were 14.5% of net sales and owners' equity was $1,730,000 in 2005.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 1

    Year 2005 2006 2007

    Net sales 20613.00


    Growth rate in net sales 25%
    COGS/net sales 86%
    Gen exp/net sales 12%
    Long term debt 760.00 660
    Portion of long term debt 100.00 100
    Interest rate 10%
    Tax rate 45%
    Dividend/earnings after tax 50%
    Current assets/net sales 29%
    Net fixed assets 280
    Current liabilities/net sales 14.50%
    Owners equity 1730.00

    Income Statement 2005 2006 2007


    Net sales 25766 32208
    COGS 22159 27699
    Gross profit 3607 4509
    Gen Admin 3092 3865
    Interest expense 231 423
    EBIT 285 221
    Tax 128 100
    Earnings after tax 156 122
    Dividends paid 78 61
    Retained earnings 78 61

    Balance sheet 2006 2007


    current assets 7472 9340
    Net fixed assets 280 280
    7752 9620

    current liabilities 3736 4670


    long term debt 660 660
    Equity 1808 61
    Total E & Liabilities 6204 5391

    External funding required 1548 4229

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