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Consider the following simplified financial statements for the Lieberman Corporation (assuming no income taxes): Income Statement Sales $19,000 Assets Costs 13,700 Net income $5,300 Total

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Consider the following simplified financial statements for the Lieberman Corporation (assuming no income taxes): Income Statement Sales $19,000 Assets Costs 13,700 Net income $5,300 Total Balance Sheet $9,800 Debt Equity $9,800 Total $5,400 4,400 $9,800 The company has predicted a sales increase of 9 percent. It has predicted that every item on the balance sheet will increase by 9 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? Multiple Choice $5,361 $15,695 $5,369 Create the pro forma statements and reconcile them. What is the plu Multiple Choice $5,361 $15,695 $5,369 O $5,365 $5,381

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