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A company is forecasting its next year's financials and will calculate a loan plug. Outside of this loan plug, the company will have no other

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A company is forecasting its next year's financials and will calculate a loan plug. Outside of this loan plug, the company will have no other debt and will carry negligible cash. All other assets are forecasted to be $14,365, while all other liabilities are forecasted to be $4,864. Beginning retained earnings for the forecast year will be $1,954. All equity items other than the retained earnings balance will be $1,658. Earnings before interest and taxes are estimated to be $4,441. If the forecasted interest rate charged on the loan is 7.22% and the income tax rate remains at 30%, what is the absolute value of the forecasted loan as a plug? Assume the company pays no dividends. $2,709 $2,782 $2,855 $2,928 $3,002 Suppose a company's total store count at the end of years 1, 2, and 3 were 7430, 7745, and 7800 respectively. Also suppose that the gross fixed assets (PP&E) had a balance of $117,540 at the end of year 1, $118,630 at the end of year 2, and $119,730 at the end of year 3. If the company adds 72 new stores in year 4, calculate the forecasted gross fixed asset balance at the end of year 4. Assume the same gross fixed asset balance per store in all future years as that in year 3 calculated using the year-end balances. Note that year 3 is the latest year with reported results, while years 4 onwards are all forecasted years. $111,773 $114,793 $117,814 $120,835 $123,856

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