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% 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