10Net income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is ₱210M. The company plans to pay ₱0.05 cash dividends per share in 2020.What is the projected current liabilities for 2020? • An analysts wants to project the financial statements of a company in 2020. He has gathered the followinginformation for 2019.Common Stock(P1Current Assets: P70MCurrent Liabilities: P50MSales: P200Mpar): P60MPPE: P110MBank debts: P30MRetained Earnings: P40MNet income: P1OMNet income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is P210M.The company plans to pay P0.05 cash dividends per share in 2020.What is the projected current liabilities for 2020?A P60,000,000B P62,500,000c) P50,000,000P52,500,000

The current liabilities are the amount due to be paid within one year. The current liabilities can…

· An analysts wants to project the financial statements of a company in 2020. He has gathered the following information for 2019. Common Stock(P1 par): P60M Current Assets: P70M Current Liabilities: P50M Sales: P200M PPE: P110M Bank debts: P30M Retained Earnings: P40M Net income: P10M let income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is P210M. he company plans to pay P0.05 cash dividends per share in 2020. Vhat is the projected current liabilities for 2020?

· An analysts wants to project the financial statements of a company in 2020. He has gathered the following information for 2019. Common Stock(P1 par): P60M Current Assets: P70M Current Liabilities: P50M Sales: P200M PPE: P110M Bank debts: P30M Retained Earnings: P40M Net income: P10M let income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is P210M. he company plans to pay P0.05 cash dividends per share in 2020. Vhat is the projected current liabilities for 2020?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 14P

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