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a. The below financial statements are from Space-Z PLC. The finance manager has predicted a 15% growth in sales/ expenses and predicted that all balance

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a. The below financial statements are from Space-Z PLC. The finance manager has predicted a 15% growth in sales/ expenses and predicted that all balance sheet items will increase by 15%. Calculate and identify the plug variable after reconciling the Pro-forma statements. (6 Marks) b. Space-W is a sister company of Space-Z and it's an all- equity firm. The company is currently evaluating investment projects and in a recent meeting with Space-Z management, they have presented the below projects: Estimated Rotum Project Space-11 Space-21 Space 42 12% 11% 06 12 1396 1.9 The expected market risk premium is 4% and the government bond rate is 8%. Which project should be accepted? (4 Marks) uestion 3 (10 M

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