FIN 357 SB CH 4 with correct answers 100% 2026

FIN 357 SB CH 4 with correct answers 100% 2026 Dot's financial planning model shows assets are projected to increase by $800,000 but liabilities and equity increase by $395,000. What is the external financing need (EFN)? - Correct Answer $405,000 Which of the following are common elements of a financial planning model? - Correct Answer 1. Sales Forecast 2. Economic Assumptions 3. Pro Forma Statements The degree of financial ___________ the firm chooses determines the amount of borrowing of the firm - Correct Answer leverage Assume Zoe Corp.'s plant capacity will allow for sales of $250 million and last year's sales were $180 million. Zoe's current gross plant and equipment total is $340 million. You project sales growth of 20% in the upcoming year. What total should you forecast for Zoe's plant and equipment on your pro forma balance sheet?TO CALCULATE:With $216 million in sales ($180 million x 1.2), Zoe is not at plant capacity. - Correct Answer $340 million A financial plan looks at what needs to be done in the - Correct Answer future Growth, by itself, is: - Correct Answer not an appropriate goal Which of the following can be accomplished with financial planning - Correct Answer Avoiding surprises Exploring options True or False: The financial planning process will not change from firm to firm - Correct Answer False A commonly cited reason for financial failure is a lack of - Correct Answer Effective long-range planning Based on ROE and the sustainable growth rate, which of the following factors affect a firm's ability to sustain growth - Correct Answer Dividend policy Profit margin Financial policy The percentage of sales approach separates accounts on the pro forma income statement and balance sheet into those change directly with ___________ and those that do not - Correct Answer sales Swenson's return on assets is 14% and its retention ratio is 40%. What is the internal rate of growth? - Correct Answer 5.93 Alpha Star's net income is $300 on $2000 of sales. The company has $5000 in assets and equity of $3000. The firm paid out $125 in cash dividends. What is the dividend payout ratio? - Correct Answer 41.67% When constructing a pro forma income statement, the first step is to supply - Correct Answer a sales figure Alpha Omega's percentage of sales model forecasts sales growth of 20% next year. If cost of good sold are proportionate at 80% of sales, then cost of good sold will increase by - Correct