Use the following information to answer the question:
Sales for 2000 are projected to be $25,000; The firm currently uses straight line depreciation; No new equipment purchases are planned for 2000; There will be a 100% earnings distribution for 2000. The current assets, accounts payable, and accrued expenses vary at a constant percent of sales as do COGS and selling expenses. Assume that notes payable is paid off in 2000.
-Forecasted total assets for the end of 2000 are:
A) $ 96,000
B) $ 97,500
C) $ 85,000
D) $106,250

Question

Use the following information to answer the question:
   Sales for 2000 are projected to be $25,000; The firm currently uses straight line depreciation; No new equipment purchases are planned for 2000; There will be a 100% earnings distribution for 2000. The current assets, accounts payable, and accrued expenses vary at a constant percent of sales as do COGS and selling expenses. Assume that notes payable is paid off in 2000.
-Forecasted total assets for the end of 2000 are:
A) $ 96,000 
B) $ 97,500 
C) $ 85,000 
D) $106,250

Quizplus · Accepted Answer

Without specific data or context provided in the question, it's impossible to accurately determine the forecasted total assets for the end of 2000. Therefore, any selection would be purely arbitrary.

Use the Following Information to Answer the Question