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A . Construct the forecasted financial statements assuming that these changes are made. What are the firm's forecasted notes payable and long - term debt

A. Construct the forecasted financial statements assuming that these changes are made. What are the firm's forecasted notes payable and long-term debt balances? What is the forecasted addition to retained earnings? Round your answers to the nearest cent.
Morrissey Technologies Inc.: Pro Forma Income Statement for December 31,2022
Sales $ fill in the blank 2
Operating costs including depreciation fill in the blank 3
Earnings before interest and taxes (EBIT) $ fill in the blank 4
Interest fill in the blank 5
Earnings before taxes (EBT) $ fill in the blank 6
Taxes (25%) fill in the blank 7
Net income (NI) $ fill in the blank 8
Dividends $ fill in the blank 9
Addition to retained earnings $ fill in the blank 10
MorMorrissey Technologies Inc.'s 2021 financial statements are shown here.
Morrissey Technologies Inc.: Income Statement for
December 31,2021
long-term debt) is 13.5%. Assume that any common stock issuances or repurchases can be made at the firm's current stock price of $47.
rissey Technologies Inc.: Pro Forma Balance Sheet as of December 31,2022
Assets
Cash $ fill in the blank 11
Receivables fill in the blank 12
Inventories fill in the blank 13
Total current assets $ fill in the blank 14
Fixed assets fill in the blank 15
Total assets $ fill in the blank 16
Liabilities and Equity
Accounts payable $ fill in the blank 17
Accrued liabilities fill in the blank 18
Notes payable fill in the blank 19
Total current liabilities $ fill in the blank 20
Long-term debt fill in the blank 21
Total liabilities $ fill in the blank 22
Common stock fill in the blank 23
Retained earnings fill in the blank 24
Total common equity $ fill in the blank 25
Total liabilities and equity $ fill in the blank 26
B. If the profit margin remains at 6.25% and the dividend payout ratio remains at 40%, at what growth rate in sales will the additional financing requirements be exactly zero? In other words, what is the firm's sustainable growth rate? (Hint: Set AFN equal to zero and solve for g.) Round your answer to two decimal places.
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