I need help with two questions please. all work needs to be shown. i


I demand acceleration delay two questions content. All production demands to be shown.

I demand acceleration delay two questions content.  All production demands to be shown. 

12-4) Maggie’s Muffins, Inc. generated $5,000,000 in sales during 2013, and its year-end whole effects were $2,500,000.  In enumeration, at year-end 2013, popular liabilities were $1,000,000 consisting of $300,000 of notes payable, $500,000 of accounts payable, and $200,000 of accruals. 

Looking forward to 2014, the society estimates that its effects must acception at the similar trounce as sales, its self-generated liabilities conquer acception at the similar trounce as sales, its gain lip conquer be 7%, and its payout harmony conquer be 80%. 

How great a sales acception can the society achieves delayout having to breed funds externally- that is, what is its self-supporting development trounce? 

12-6) The Booth Company’s sales are forecasted to enfold from $1000 in 2013 to $2000 in 2014.  Here is the December 31, 2013, et sheet: 

Cash  $100 Accounts payable  $  50

Accounts receivable  200    Notes payable  150

Inventories  200  Accruals  50

Net urban effects  500  Long-term debt  400

  Common stock  100

 Retained earnings 250

Total effects  $1000 Total liabilities and equity $1000

Booth’s urban effects were used to merely 50% of compatability during 2013, but its popular effects were at their suitable levels in narration to sales.  All effects save urban effects must acception at the similar trounce as sales, and urban effects would as-well possess to acception the similar trounce if the popular advance compatability did not depend.  Booth’s after-tax gain lip is forecasted to be 5% and its payout harmony to be 60%. What is Booth’s enumerational funds demanded (AFN) for the future year?