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Desh Bondhu Polymer Co. wishes to prenare a financiial plan, Use the financial statenicnts ai other information provided in what follows to prepare the

Desh Bondhu Polymer Co. wishes to renare other information provided in what follows to prepare the financial plans financial 

Desh Bondhu Polymer Co. wishes to prenare a financiial plan, Use the financial statenicnts ai other information provided in what follows to prepare the financial plans. Desh Bondhu Polymer Statement of Profit & Loss Actual Figure of the year 2019 Initial Forecast (for the year 2020) T 16 000 13.500 Particulars Sales revenue Less: Cost of gcods sold Gross profits Less Operating expenses Less Depriciation EBIT Less Interest Tk 15,000 11.250 3,750 1,250 300 Tk 2.200 384 4,500 1.500 360 2.540 184 2,256 EBT Less Taxes (@40%) Net Income Less Cash dividends To retained earnings 1,816 26 4 1,080.6 435,84 G53 76 Desh Bondhu Polymer 902 4 1353.0 541 44 TK 012 16 Tk Stutement of Financial Position as on December 31, 2019 Assets Amount (000) Liabilities and Owners Equity Amount ('000) Cash Marketable securties Accounts receivables Inventones Total current assets Net fixed assets Tatal assets Tk 150 G00 Accounts payable Taxes payable Notes Payable (6%) Tk 800 300 1,000 2.700 TK. 4,650 3.800 Tk 8440 400 1,300 3,000 1,300 2.850 Total current liabilities Tk Long-term bonds (12%) Common stock Retained earnings Total liabilities and equity TH R450 The following financial information is also available: > The firm operated at full capacity in 2019. It expects sales to increase by 20% during 2020. > The firm wishes to maintain a minimum cash balance of Tk. 200,000 > The firm's all types of assets, accounts payable and taxes payable will change directly in response to changes in sales in 2020, > Desh Bondhu Polymer Co. plans to raise the additional funds needed as follows: Long-term bonds 60%, and Notes payable 40%. Requirements: Use the above statements, and percentage-of-ules method to identify how much outside Imancing is required. li. According to stated structure, make the adjusted linancial statements incorporating financing feedbacks.

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