Exhibit 9.14 presents the income statement and balance sheet for PartsCo, a $900 million supplier of machinery

Question:

Exhibit 9.14 presents the income statement and for PartsCo, a
$900 million supplier of machinery parts. Next year, the company is expected to grow revenues by 15 percent to $1,035 million. Using the methodology outlined in Exhibit 9.3, forecast next year's income statement for PartsCo.
Assume next year's forecast ratios are identical to this year's ratios. Forecast depreciation as a percentage of last year's property and equipment. Forecast interest as a percentage of last year's total debt. Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...