The lien would remain a debt and normally the lawyer would ask you to pay it otherwise the ownership is not transfered to the buyer. The lawyer of the buyer will not allow a clean transfer as the lien is not paid and there is a shortfall. You will have to pay if proir to closing.

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The landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: percent cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) is this right? 100,000,000 x 15% = 100 million x .15 = 15,000,000 in increased sales. b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the

I hope this will help you: http://en.wikipedia.org/wiki/Additional_Funds_Needed

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Can anyone know how to do this? the landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: landis corporation (external funds requirement) (lo4) 3 this included fixed assets as the firm is at full capacity. percent cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part an in constructing your pro forma balance sheet).

Try looking in your text on page 108 wouldn't that be the formula. I am also stuck on this same problem,

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The landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: percent cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part a in constructing your pro forma balance sheet). i read the chapter twice and i still don't understand it. please i need some help.

I would like to suggest you the site Numia, a free online accounting software which records and processes small business accounting transactions within functional modules such as accounts payable , accounts receivable, trial balance etc. This Free Software provides an easy way to keep users accounts information online with reliable and secured data transfer. With easy forms for invoicing, purchase and bank reconciliation it is easy to maintain accounts. Hope it will be useful for you to solve the problem..

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The landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part a in constructing your pro forma balance sheet).

Here's something on payout ratio and stuff: http://www.cliffsnotes.com/study_guide/Ratio-Analysis.topicArticleId-21248,articleId-21213.html

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The landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part a in constructing your pro forma balance sheet).

:-)

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Resolved questionshow me another » landis corporation help please!!!? the landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: percent cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part a in constructing your pro forma balance sheet).

mmm so hard for me

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I am working on this problem and need to see if i am on the right track, the landis corporation had 2008 sales of $100 million. the balance sheet items that vary directly with sales and the profit margin are as follows: balance sheet end of year (in $ millions) assets liabilities and stockholders’ equity cash . . . . . . . . . . . . . . . . . . . . . . . $ 10 accounts payable . . . . . . . . . . . . . $ 15 accounts receivable. . . . . . . . . . . . 15 accrued expenses . . . . . . . . . . . . . 5 inventory . . . . . . . . . . . . . . . . . . . . 50 other payables . . . . . . . . . . . . . . . 40 plant and equipment . . . . . . . . . . . 75 common stock . . . . . . . . . . . . . . . . 30 retained earnings . . . . . . . . . . . . . 60 total assets . . . . . . . . . . . . . . . . . . $150 total liabilities and stockholders’ equity . . . . . . . . . . $150 3 this included fixed assets as the firm is at full capacity. www.mhhe.com/bhd13e the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. a. how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) b. what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c. prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part a in constructing your pro forma balance sheet). percent cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . 40 accounts payable . . . . . . . . . . . . . . . . . . . . . . . 15 accruals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 profit margin after taxes . . . . . . . . . . . . . . . . . . 6% thanks for any help, student261@yahoo.com

Here's something on payout ratio and stuff: http://www.cliffsnotes.com/study_guide/Ratio-Analysis.topicArticleId-21248,articleId-21213.html

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The landis corporation had 2008 sales of$180 million. the balance sheet items that vary directly with sales and the profit margin are as follows: percent cash 5% accounts receivable 12% inventory 21% net fixed assets 41% accounts payable 18% accruals 7% profit margin after taxes 7% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2009 was$50.2 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $32 million a.how much additional external capital will be required for next year if sales increase16percent. (assume that the company is already operating at full capacity.) b.what will happen to external fund requirements if landis corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? discuss each of these separately. c.prepare a pro forma balance sheet for 2009 assuming that any external funds being acquired will be in the form of notes payable. disregard the information in part b in answering this question (that is, use the original information and part a in constructing your pro forma balance sheet). c.balance sheet—december 31, 2009 (dollars in millions) cash accounts payable accounts receivable accruals inventory notes payable net fixed assets long-term bonds common stock retained earnings

I hope this helps: http://www.cliffsnotes.com/study_guide/Financial-Statements.topicArticleId-21081,articleId-21023.html

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In 2008 the corporations sales was 100million. this included fixed assets as the firm is at full capacity. cash....5% accounts receivable....15% inventory....25% net fixed assets.....40% accounts payable......15% accruals......10% profit margin taxes.....6% the dividend payout rate is 50 percent of earnings, and the balance in retained earnings at the end of 2008 was $33 million. common stock and the company’s long-term bonds are constant at $10 million and $5 million, respectively. notes payable are currently $12 million. the question is...... how much additional external capital will be required for next year if sales increase 15 percent? (assume that the company is already operating at full capacity.) what will happen to external fund requirements if the corporation reduces the payout ratio, grows at a slower rate, or suffers a decline in its profit margin? change in sales = .15 x $100million = $15million spontaneous assets = 5% + 15% + 25% + 40% = 85% spontaneous liabilities = 15% + 10% = 25%

I think there are quite a few things that need to be explained. 1. Expression in percentage is based on what? Total assets or sales? 2. What is net fixed assets? or is it net assets? 3. What is profit margin taxes? Is it profit after tax margin? 4. The capital employed or net assets amounts to $48 million ($33+10+5). If this is 40% then the total assets would be $80 million ($48/0.40). 5. Do the notes payable form part of accounts payable? If you were to clarify, I might be of some help.