1. create a pro forma balance sheet

2. Calculate EFN. what options do we have to get this balanced?

3. calculate and interpret Internal Growth Rate and Sustainable Growth Rate

Pro Forma, 12/31/2021 Curry Company Balance Sheet 31-Dec-20 Cash Accounts Receivable Inventory CURRENT ASSETS Fixed Assets: $5,000 3,000 6.400 $14,400 Net Fixed Assets $41,300 TOTAL ASSETS $55,700 Liabilities Accounts Payable Notes Payable CURRENT LIABILITIES $2,400 4300 $6,700 $28,000 Long-Term Debt Equity Common Stock and paid in capital Retained Earnings TOTAL CAPITAL Total Liabilities & Equity EFN NCF End Cash 17,050 $3,950 $21,000 $55,700 SO SO Curry Company Income Statement Pro Forma Year ended 2020 Year ended 2021 Revenue $50,000 $60,000.0 Costs 39.450 47340 Taxable income $10,550 $12,660.0 Taxes $2,750 $3,300.0 Net Income $7,800 $9.360.0 Dividends Addition to RE 5,000 2,800 $5.990.40 $3,369.60