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Based on Jim's expectation of 10.3% sales growth and payout ratio of 83.22% of net income next year, Jim developed the pro forma financial statements
Based on Jim's expectation of 10.3% sales growth and payout ratio of 83.22% 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 comer 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 Balance Sheet $231,255 Assets $16,578 2,140 4,511 $23,229 11,140 $34,369 (109,318)Cash and Equivalents $121,937 (6,552) $115,385 Accounts Receivable Inventories Total Current Assets (221)Property, Plant, and Equipment $115,164 Total Assets (Select from the drop-down menu.) The total new Vfinancing lb (Round to the nearest dollar.)
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