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Answer the following questions based off of the excel provided... 1 . What is the forecast dollar amount of sales for the 2 0 2

Answer the following questions based off of the excel provided...
1.What is the forecast dollar amount of sales for the 2020 operating year?
2.Based on the 2019 financial information, what is the firms internal growth rate?
3.What dollar amount of account receivable will the firm be holding at the end of 2020?
4.In the first iteration (first forecast), what is the dollar amount of AFN?
5.What is the forecast balance of retained earnings in the first iteration?
6.In the second iteration (projection), what is dollar amount of additional common stock funding?
7.In the second iteration of the forecast, what is the dollar amount of dividends (total).
8.In the final solution (last iteration), what is the dollar amount of total assets?
9.What is the total amount of new Line of Credit funding in the final solution?
10.In the final solution, what is the total amount of dividends paid?
11.In the final solution what is the balance of retained earnings?
12.How much new funding from all sources will the firm have at the end of 2020?(Hint: Do accruals provide funding to the firm?)
13.How many sets of completed pro forma financial statements are contained in your solution spreadsheet for this project? (Hint: A balance sheet must balance.)
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