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Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents $ 570 Operating

Amounts are in thousands of dollars (except number of shares and price per share):

Kiwi Fruit Company Balance Sheet
Cash and equivalents $ 570
Operating assets 650
Property, plant, and equipment 2,700
Other assets 110
Total assets $ 4,030
Current liabilities $ 920
Long-term debt 1,280
Other liabilities 120
Total liabilities $ 2,320
Paid in capital $ 340
Retained earnings 1,370
Total equity $ 1,710
Total liabilities and equity $ 4,030

Kiwi Fruit Company Income Statement
Net sales $ 7,800
Cost of goods sold (5,900 )
Gross profit $ 1,900
Operating expense (990 )
Operating income $ 910
Other income 105
Net interest expense (200 )
Pretax income $ 815
Income tax (285 )
Net income $ 530
Earnings per share $ 2.00
Shares outstanding 265,000
Recent price $ 34.50

Kiwi Fruit Company Cash Flow Statement
Net income $ 530
Depreciation and amortization 175
Changes in operating assets (90 )
Changes in current liabilities (120 )
Operating cash flow $ 495
Net additions to properties $ 180
Changes in other assets (80 )
Investing cash flow $ 100
Issuance/redemption of long-term debt $ (190 )
Dividends paid (220 )
Financing cash flow $ (410 )
Net cash increase $ 95

Prepare a pro forma income statement, balance sheet, and cash flow statement for Kiwi Fruit assuming a 10 percent increase in sales. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Input all amounts as thousands of dollars. Round earnings per share to 2 decimal places. Omit the "$" sign in your response.)

Kiwi Fruit Company Pro Forma Income Statement

Net sales $
Cost of goods sold
Gross profit $
Operating expense
Operating income $
Other income
Net interest expense
Pretax income $
Income tax
Net income $
Earnings per share $
Shares outstanding

Kiwi Fruit Company Pro Forma Cash Flow Statement

Net income $
Depreciation and amortization
Changes in operating assets
Changes in current liabilities
Operating cash flow $
Net additions to property $
Changes in other assets
Investing cash flow $
Issuance/redemption of long-term debt $
Dividends paid
Financing cash flow $
Net cash increase $

Kiwi Fruit Company Pro Forma Balance Sheet

Cash and equivalents $
Operating assets
Property, plant, and equipment
Other assets
Total assets $
Current liabilities $
Long-term debt
Other liabilities
Total liabilities $
Paid in capital $
Retained earnings
Total equity $
Total liabilities and equity $

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