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b - 2 . Calculate the external funds needed. The Optical Scam Company has forecast a sales growth rate of 2 0 percent for next
b Calculate the external funds needed. The Optical Scam Company has forecast a sales growth rate of percent for next year. Current assets, fixed assets, and shortterm
debt are proportional to sales. The current financial statements are shown here:
a Calculate the external funds needed for next year using the equation from the chapter.
Note: Do not round intermediate calculations. Total assets
$
Total liabilities and equity
$
a Calculate the external funds needed for next year using the equation from the chapter.
Note: Do not round intermediate calculations.
External financing needed
b Prepare the firm's pro forma balance sheet for next year.
Note: Do not round intermediate calculations.
tableBALANCE SHEET,,AssetsLiabilities and equityCurrent assets,,Shortterm debtFixed assets,Longterm debt,Common stock,Accumulated retained earnings, b Prepare the firm's pro forma balance sheet for next year.
Note: Do not round intermediate calculations.b Calculate the external funds needed.
Note: Do not round intermediate calculations.
c Calculate the sustainable growth rate for the company based on the current financial statements.
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b External financing needed
c Sustainable growth rate
Note: Do not round intermediate calculations.
c Calculate the sustainable growth rate for the company based on the current financial statements.
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b External financing needed
c Sustainable growth rate
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