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November 15, 2015
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That gives us the interest of off the LTD of 5,500 combined with new loan interest of 49,000 for a total of 54,500.
Largely due to his increased sales our forecast shows that under the same cost assumptions for operating expense and COGS, as well as same levels of ending inventory in relation to sales, Mr...
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Butler will have a profit of about 46,000 after taxes.
Before we got to forecast a balance sheet we decided to calculate a debt structure under some new assumptions. First Mr. Butler needs to bring his accounts payable closer to reality, as we specified before to a level equal to 10 days of purchases...
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