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Complete the following pro forma financial statements for XYZ Corporation. Use the percent-of-sales method and use long-term debt as the plug figure (balancing item). Assume
Complete the following pro forma financial statements for XYZ Corporation. Use the percent-of-sales method and use long-term debt as the plug figure (balancing item). Assume the following: 20% sales growth, capital expenditures of 200 in 2015, no equity issues or repurchases in 2015, no sale or disposal of fixed assets in 2015, and a 50% dividend payout ratio. Round figures to the nearest whole dollar.
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