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Based on Jim's expectation of 10.4% sales growth and payout ratio of 89.49% of net income next year, Jim developed the pro forma financial statements
Based on Jim's expectation of 10.4% sales growth and payout ratio of 89.49% 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. $16,527 2219 Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income 4383 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $211,129 (109,440) $101,689 (6,690) $94,999 (397) $94,602 (33,111) $61,491 $23,129 11117 $34,246 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,579 3990 $5,569 $32,063 $37,632
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