Part A Project an income statement for next year for the firm based on your assessment of
Question:
Part A
Project an income statement for next year for the firm based on your assessment of revenue growth, key projected financial ratios, and any other key assumptions, making sure to justify any assumptions.
- What is your projection for net income and how does it compare with the previous year?
- Based on your assessment of anticipated dividends, what is your projection for a change in retained earnings?
Part B
Project a balance sheet for next year for the firm based on your assessment of the change in retained earnings, key projected financial ratios, and any other key assumptions, making sure to justify any assumptions. Use external borrowing as your balancing “plug.” What is your assessment of the firm’s financial needs?
Part C
Based on your projection of financial needs, what recommendation would you make to the firm—for example, how to meet increased financing needs or what to do with excess financial capacity?
This is all I was presented with to try and answer. I was going to select the Coca-Cola Company but am lost on this. I appreciate your help.
Advertising & Promotion An Integrated Marketing Communications Perspective
ISBN: 978-0070891302
5th Canadian Edition
Authors: Gerorge E.Belch, Micheal A.Belch, Micheal A.Guolla