The financial statements for the year ended June 30, 2021, are given below for Morgan Construction Company.
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The financial statements for the year ended June 30, 2021, are given below for Morgan Construction Company. The firm’s sales are projected to grow at a rate of 25 percent next year, and all financial statement accounts will vary directly with sales. Based on that projection, develop a pro forma balance sheet and a pro forma income statement for the 2022 fiscal year.
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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