MARCH 2017 Orchid Berhad is planning to expand their business. Currently the company has sales of RM900,000 and the net income of RM67,500. Orchid Berhad anticipates that their next year’s sales will

MARCH 2017Orchid Berhad is planning to expand their business. Currently the company has sales ofRM900,000 and the net income of RM67,500. Orchid Berhad anticipates that their nextyear’s sales will be increased by RM540,000. The company pays RM27,000 to theshareholders as dividends. Given below is the Statement of the Financial Position forthe year just ended.
Orchid Berhad
Statement of Financial Position as at December 31, 2016 (in RM)Cash 340,000 A/Cs payable 560,000A/Cs receivables 500,000 Long term debt 740,000Inventories 740,000 Common stock 1,000,000Net fixed assets 1,420,000 Retained earnings 700,000Total assets 3,000,000 Total liabilities & equities 3,000,000
Assuming the company is operating at full capacity, determine the additionalfinancing needed for Orchid Berhad for the year of 2017 using:a) AFN Model. b) Pro-forma Statement of the Financial Position.

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more