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Consider the following simplified financial statements for the Lindner Corporation (assuming no income taxes): Lindner Co. Income statement Lindner Co. Balance Sheet Sales 41000 Assets
Consider the following simplified financial statements for the Lindner Corporation (assuming no income taxes): Lindner Co. Income statement Lindner Co. Balance Sheet Sales 41000 Assets 53500 Debt 38700 Costs 37800 Equity 14800 Net Income 3200 Total 53500 Total 53500 The company has predicted a sales increase of 13 %. It has predicted that every item on the balance sheet will increase by 13% as well. (fill in the blanks with values rounded to the nearest cent, no dollar signs "$", and commas",". Example: $1,234.567 >>> write as 1234.57) A. Create Lindner Co.'s pro forma statements and reconcile them. Pro forma Income statement Pro forma Balance Sheet Sales Assets Debt Costs Equity Net Total Total Income B. What is the plug variable and its value? The plug variable is and it is equal to
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