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 43 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
:D TYSM

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Structure of an antibody light chain Structure of an antibody light chain
Amino acids in general acid-base catalysis Amino acids in general acid-base catalysis
Tornado Forecasting: Convective Outlooks Tornado Forecasting: Convective Outlooks
The pH scale is logarithmic. A low pH indicates acidic conditions, whereas a high pH indicates ... The pH scale is logarithmic. A low pH indicates acidic conditions, whereas a high pH indicates ...
The Arctic is warming faster than any other region on Earth The Arctic is warming faster than any other region on Earth
PCR analysis showing expansion of the CAG repeat region of the HD gene PCR analysis showing expansion of the CAG repeat region of the HD gene
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library