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Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Net Working Capital for 2023? Express the numerical terms of

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"Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Net Working Capital for 2023? Express the numerical terms of your answer completely. For example: if your answer is one million dollars, write: 1000000." QUESTION 14 "Before making additional balancing adjustments to the Balance Sheet, what is the forecasted increase of Net Working Capital for 2023? Express the numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000 ." QUESTION 15 "Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Free Cash Flow for 2023 ? Express the numerikal terms of vour answer completely. For example: If your answer is one million dollars, write: 1000000 . 'PART I: Use the following information on Company Y and perform pro-forma financial modeling using a planned expansion method to answers the following questions. To do this assume that the percentage values with respect to sales of the 2023 (i) costs except depreciation, (i) cash and equivalents, (ii) accounts roceivable, (iv) inventories, and (v) accounts payable will remain foxed at their respective percentage values in 2022. Assume also that income tax will remain at 25% of the Pretax income. Company Y sells a product for which in 2022 the total market size was of 3,000,000 units, of which Company Y owned a share of 25%. Both, the total market size and Company Y s market share are expected to grow at a 10% yearly rate for the next five years. The price of the product is $2.2 in 2022 and is expected to remain at that price for the next vears. In 2022, the outstanding debt of Company Y is $1,500,000, for which the company makes yearty interest payments of 10%. The executives of Company Y are considering making a significant capital investment in 2023 of $3,000,000 to purchase new machinery The company plans to finance this imvestment with a 30-year loan that makes yearly interest payments equivalont to 9% of its principat. The principal is paid when the loan matures The following table summarizes the debt and interest payment of Compary Y Curtenty, Company Y makes yearly expenditures on repiacement capital imvestment of $70,000. It the company makes the planned expansion, it has been decided that it will continue making replacement capital investment of $70,000 until and including 2023; and starting in 2024 it will periorm yearly expenditures on replacement capital investment of $150,000. The current and the planned exponditures on replacement of captal investment wil be financed by the company s cash flow The following tabie indicates for 2022 Company Y s values of i. opening book valuo, i. capital investment, ai. depreciation, and N closing book value. The Table also indicates the 2023-2024 forecast values of capital depreciation if the planned expansion were to occur in 2023. Because no decision has yet been done about dividends, before making any balancing adjustments to the Balance Sheet, assume that these will be so in 2023. The following table contains Company Y s income statement for 2022 The following table contains Company Y s balance sheet for 2022

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