Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes): The company has

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Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes):

The company has predicted a sales increase of 15 percent. It has predicted that every item on the balance sheet will increase by 15 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here?

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 04:53 AM

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Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes): The company has

Question:

Income Statement Balance Sheet Sales $39,400 Assets $29,200 Debt $ 9,400 Costs 34,700 Equity 19,800 Net income $ 4,700 Total $29,200 Total $29,200

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Fundamentals Of Corporate Finance

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