This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Outlaws is a general goods retail chain in the High Plains region. Outlaws is forecasting its ... (Read 61 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Apr 25, 2021
Outlaws is a general goods retail chain in the High Plains region. Outlaws is forecasting its financial statements for Year 7. Selected financial information for Year 6 is provided in the table. What is long term debt, the plug variable, for the forecasted year? To calculate forecasted current liabilities use the percentage of sales method based on Year 6 figures. Assume that no dividends are paid in Year 7.

Selected Financial Information
Outlaws Inc. ($ millions)
​Year 6Forecast
Revenue$29,210$30,817
Net Income$627$685
​​​
TOTAL ASSETS$14,700 $14,645
LIABILITIES AND STOCKHOLDERS' EQUITY​​
Total Current Liabilities3,651​
Long Term Debt4,208​
Shareholders' Equity​​
Common Stock1,1921,192
Retained Earnings5,089​
Total Shareholders' Equity6,281​
Total Liabilities & Shareholders' Equity14,700 ​

◦ $3,859
◦ $3,336
◦ $3,827
◦ $6,397
◦ $10,236
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kshipps on Apr 25, 2021

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


kshipps

  • Member
  • Posts: 571
Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Electron transport chain Electron transport chain
General structure of eukaryotic pre-rRNA transcription units General structure of eukaryotic pre-rRNA transcription units
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
A replaceable PROM used in an older General Motors computer. Notice that the sealed access panel ... A replaceable PROM used in an older General Motors computer. Notice that the sealed access panel ...
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Conduction of action potentials

For a complete list of videos, visit our video library