Financial questions

Sheet1

	Problem 12-1
			9200000
			4600000
			900000
			1035000
			0.575	1200000	0.129375	1200000	193200
			341,550.00
	Problem 12-2
	Prolem 12-3
	Sales expected			9,200,000.00
	After-tax profit margin
	(9200000*4%)			368,000.00
	Dividend payments			147,200.00
	(368000*40%)
	Additional to retained earnings
	(368000-147200)			220,800.00
	Increase in assets
	(4000000*15%)			600,000.00
	Increase in liabilities
	(450000+450000)*15%			135,000.00
			AFN	244,200.00

Sheet2

Sheet3

1

2

3

4

5

6

7

8

9

A

B

C

D

E

Problem 12-1

9200000

4600000

900000

1035000

0.575

1200000