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Based on Jim's expectation of 10.2% sales growth and payout ratio of 84.99% of net income next year, Jim developed the pro forma financial statements
Based on Jim's expectation of 10.2% sales growth and payout ratio of 84.99% of net income next year, Jim developed the pro forma financial statements given below. What is the amount of net new financing needed for Jim's Espresso? Click on the icon located on the top-right corner of the data table below to copy its contents into a spreadsheet Pro Forma Financial Statements Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pre-tax Income (Select from the drop-down menu.) $223,662 (109,715) $113,947 (6,656) $107,291 (419) $106,872 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $16,541 2,116 4,408 $23,065 11,009 $34,074 The total new V financing will be $ (Round to the nearest dollar.) Based on Jim's expectation of 10.2% sales growth and payout ratio of 84.99% of net income next year, Jim developed the pro forma financial statements given below. What is the amount of net new financing needed for Jim's Espresso? Click on the icon located on the top-right corner of the data table below to copy its contents into a spreadsheet Pro Forma Financial Statements Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pre-tax Income (Select from the drop-down menu.) $223,662 (109,715) $113,947 (6,656) $107,291 (419) $106,872 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $16,541 2,116 4,408 $23,065 11,009 $34,074 The total new V financing will be $ (Round to the nearest dollar.)
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