sales output growth

CU
inflation
BY
Cash & sec. $20
Accounts rec. 240
Inventories 240
total CA 500
Net fixed
assets 500
Total assets 1000

Accts. pay. &

accruals $100
Notes payable 100
Total CL $200
L-T debt 100
Common stock 500
Retained
earnings 200
Total claims $1,000
BY
Sales $2,000.00
price $1.00
quantity 2,000.00
Var. costs (60%) 1,200.00
Fixed costs 700
EBIT $100.00
Interest 16
EBT $84.00
Taxes (40%) $33.60
Net income $50.40
Dividends (30%) $15.12
Add’n to RE $35.28

FC/FA 1.4
AFN
% AFN to be financed through %
Notes payable 50%
LT debt 50%
interest rate 8.0%
add'n in interest cost
 54.5% growth 70%
50%
10%
FY First pass 2nd Pass 3rd Pass
$31
370.9090909091
370.9090909091
772.73 772.73

772.73 772.73
1545.45 1545.45 1545.455 1545.45

$155 $155 $155 $155

100 290.396364 296.793681455 $297.01
$255 $445 $451 $452
100 290.396364 296.793681455 $297.01
500 500 500 500

310.1163636364 $297.32 296.891828243 $296.88

$1,164.7 $1,532.66 $1,545.025 $1,545.44
FY First Pass 2nd Pass 3rd Pass
$3,400.00
$1.10
3,090.91
 2,040.00
1081.818181818
$278.18 $278.18 $278.18 $278.18
16 $46.46 $47.49 $47.52
$262.18 $231.72 $230.69 $230.66
$104.87 $92.69 $92.28 $92.26
$157.31 $139.03 $138.42 $138.40
$47.19 $41.71 $41.53 $41.52
$110.12 $97.32 $96.89 $96.88

$380.79 $12.79 $0.43

$190.40 $6.40 $0.21

$190.40 $6.40 $0.21
8.0% 8.0% 8.0%
$30.46 $1.02 $0.03
inflation part 10%