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Dell Inc. has sales of $50 millions in 2020. They expect sales to grow by the internal growth rate of 11% for the next year.

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Dell Inc. has sales of $50 millions in 2020. They expect sales to grow by the internal growth rate of 11% for the next year. Using the percent sales method, forecast Total Assets for the year 2021: Balance Sheet (in $ millions) Year 2020 Cash & Cash Equivalents 18 Account Receivables 49 Inventories 48 PPE 202 Total Assets 317 Proforma Total Assets - $224.220 Proforma Total Assets - 5387.057 Proforma Total Assets - $282.130 Proforma Total Assets - $351.870

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