LG Inc Has Done a Long-Term Forecast of Its Balance Sheet

question 10

Multiple Choice

LG Inc. has done a long-term forecast of its balance sheet. The projected total assets for the next year are $300 million. The current liabilities are projected to be $170 million and other long term liabilities are $70 million. How net new financing is needed in the following year?

• A) $58 million
• B) $60 million
• C) $65 million
• D) $70 million

Know the procedures for collecting and handling stool samples for protozoal or parasitic infection testing.

Understand how to calculate and interpret gross profit rate.

Grasp the concept of asset turnover ratio and the exclusions in its calculation.

Comprehend various financial analysis techniques including horizontal, vertical, and ratio analysis.

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Definitions:

Cancellation

The act of calling off or terminating a previously scheduled event, service, or agreement.

Commuter Students

Students who live off-campus and travel to their educational institution for classes, often facing unique challenges such as managing travel time and balancing school with work or family commitments.

Graduate

A person who has successfully completed a course of study at a college, university, or other educational institution.

Financial Resources

Monetary assets available for use, such as cash, credit, or investments, that are essential for personal or business operations.