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Based on your 2012 to 2016 (including pro forma financial statement) data of Sonic Master Supplies Inc., construct the 2017 pro forma financial statements using
Based on your 2012 to 2016 (including pro forma financial statement) data of Sonic Master Supplies Inc., construct the 2017 pro forma financial statements using the following assumptions: Cost of Goods Soldet sales is 86% Operating expenseset sales is 11% Long-term debt is 560 Current portion of long term-debt is 100 Interest expenseet sales is at 10% @ 45% Dividends/eamings is 50% Current Assetset sales is 29% Net fixed assets is 270 Current liabilitieset sales is 14.4% Use SPC to forecast 2017 sales. NOTE: The values of a, b, and c in the formula Yc= a +bx+cx? should be rounded off to TWO DECIMAL PLACES the same applies to the accounts found on the proforma financial statements of Sonic Master for 2017 Tax rate 456 Question 4 3 pts Please be guided that this is an ASSESSMENT of your understanding for the whole module 6. If you have seen answers that violate your learning from the module and the recorded presentation, place the variable in the given spaces below: QUESTION 1: QUESTION 2 QUESTION 3: For example, if you have seen that your answer in opex violates your leaming from the module, just input the word opex in the space provided in what question does it belong. Again, just input the variable/given/account title. If there are no violations just input "wala sir
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