Inancial Management of financial statements

This paper request has a 2 part request please list a part A and Part B

Part A/Deliverable Length: 2 Page

Details: For selected financial statements for Micro Chip Computer Corporation (These statements have been uploaded to the site as Part A statements).

Answer questions 1 and 2 below based on the financial data.

1. Determine the year-to-year percentage annual growth in total net sales.

2. Based only on your answers to question #1, do you think the company will hit its sales goal of +10% annual revenue growth in 2005? Determine the target revenue figure, and explain why you do or do not feel that the company can hit this target.

Next, consider Micro Chip s Consolidated Statement of Operations for the year ended September 25, 2004 (this statement has also been uploaded to the site as Part A 2 statements ) and answer questions 1 and 2.

1. Use the Percentage Sales Method and a 20% increase in sales to forecast Micro Chips Consolidated Statement of Operations for the period September 26, 2004 through September 25, 2005. Assume a 15% tax rate and restructuring costs of 2% of the new sales figure.
2. Discuss your results from question number #1. What assumptions have you made? Do any of your assumptions seem unreasonable?

To receive full credit on this paper, please show all work, including formulae and calculations used to arrive at financial values. If using Excel must provide an adequate explanation of the methodology used to arrive at that answer.

Objective: Describe the financial statement forecasting process.
Use financial ratio analysis to assess the stability of an organization.

Part B/Deliverable Length: 1 Page

Details: Use the annual information found that can be found (this statment doc has been uploaded to the site as Part B) to answer this assignment. Calculate the following asset activity ratios for the end of 2005:
1. Average Collection Period
2. Inventory Turnover
3. Total Asset Turnover

To receive full credit on this paper, please show all work, including formulae and calculations used to arrive at financial values.

Objective: Use financial ratio analysis to assess the stability of an organization