6. Use the following roaming company balance sheet to complete the following requirements.

1. Create a predictive balance sheet for the following year using the percentage of sales method.

2. If next year's forecast sales revenue will grow to $425,000, with a profit margin of 12% and a dividend payout rate of 90%, what are the requirements for new financing?

Assets

Current Assets

Cash

The Accounts Receivable Inventory

Total Current Assets Fixed Assets

Furniture and Fixtures

Transportation Equipment

The Total Fixed Assets

The Total Assets

Liabilities and Equity market metrix '

The Current LiabilitiesNotes Payable

Accrued Taxes Payable

The Total Current Liabilities

Long Term Debt

Total Liabilities

The Owner 's Equity

Total assets and Owner's Equity

Wanderlust Travel Excursion and Memories Pro Forma Balance Sheet

Total SalesCurrent Year of $275000

$5,694, 19,662, 3,381 $28,737

$5,595 25,456 $31,051 $59,788

$15,456, 3,598 $19,054,654 $37,708,22,080 $59,788

Wanderlust Travel Excursion and Memories Pro Forma Balance Sheet Total Sales Forecast Sales Current Year $275.000 Percentage of Sales (%) Next Year $350,000 Assets $ 5,694 19,662 3.381 $28,737 CHITENT Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Furniture and Fixtures Transportation Equipment Toral Feed Asset Total Assets $ 5,595 25,456 $31.051 $59.788 Liabilities and Owners' Equity Current Liabilities Notes Payable Accrued Taxes Payable Toral Current Liabilities Long Term Debt Toral Liabilities Owner's Equity Total Liabilities and Owner Equity $ 15,456 3.598 $ 19,054 18.054 $37.708 22,080 $ 59,788