Below is the Dec 31, 2018 Balance Sheet for Everett Enterpri…

Below is the Dec 31, 2018 Balance Sheet for Everett Enterprises. Assume sales revenue for 2018 is $7 million. Assume capacity is at 100% in 2018, and that in 2019 sales are anticipated to increase 10% with a profit margin of 5 %.  Everett’s forecasted 2019 retention ratio is 20%.             Balance Sheet Dec. 31, 2018                               Assets Cash                                                    100,000               Accounts Receivable                         500,000 Inventory                                            600,000               Current Assets                                1,200,000                 Net Fixed Assets                             1,600,000                                                                                                                                                                                                __________                                          ________             Total Assets                                     2,800,000                                     Liabilities and Equity Accounts Payable                           325,000 Accruals                                              95,000 Notes Payable                                  205,000  Current Liabilities                             625,000    LT Debt                                          1,000,000 Common Stock                                950,000 Retained Earnings                            225,000 _____________                                 ________   Total Liabilities and Equity           2,800,000   a. Use the AFN equation to determine the additional funding needed in 2019 in order to support the projected sales increase?   b. How much of a sales increase could Everett Enterprises support without the need for external financing (Based on the AFN equation)?   c. What will be the AFN if capacity is only 95% in 2018?    d. What will be the following values on the projected balance sheet for 2019 based on the assumptions of the AFN equation but assuming 95% capacity instead of 100% capacity.   Retained Earnings =   Net Fixed Assets =   Notes Payable =  

There are three main compartments that oxygen is stored in:…

There are three main compartments that oxygen is stored in: the respiratory system, the blood, and body musculature. Marine mammals have different adaptations for each of these compartments. Using a marine mammal species for each example, explain the adaptations they have for these compartments to increase oxygen storage to facilitate diving.

Maxwell Coffee has sales of $8 million per year, all calling…

Maxwell Coffee has sales of $8 million per year, all calling for payment within 30 days, and its accounts receivable are $2 million. a. What is Maxwell’s Days Sales Outstanding (Round to 2 decimal places)?   b. How much capital would be released if they could take action that led to on-time payments on average?   c. How much would their cash conversion cycle be shortened if they achieved on-time payments on average?