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Consider the following firm Income Statement 2017 Revenue COGS Depreciation EBIT Interest Tax Net 2000 1000 -500 500 200 150 150 Sources and Uses of
Consider the following firm Income Statement 2017 Revenue COGS Depreciation EBIT Interest Tax Net 2000 1000 -500 500 200 150 150 Sources and Uses of Funds 2017 Sources Net Depreciation Bonds AStocks Total Sources 150 500 100 125 875 Uses ANWC Fixed Assets Dividends 100 700 75 Total Uses 875 Balance Sheet 2016 2017 Assets NWC Fixed Assets 1900 4800 2000 5000 Liabilities Debt Equity 1900 4800 2000 5000 Show the pro forma statements for 2018 if the company projects 5% growth for the year and if they do not want to issue more than 100 in new stock. Assume the interest rate (10%), tax rate 50%, depreciation method 10 year straight line and dividend payout ratio remain the same
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