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ENUE Highlight Note Additional Funds Needed 6-2. Complete the following pro forma financial statements. Use the forecasting assumptions in the far right-hand column. This Year
ENUE Highlight Note Additional Funds Needed 6-2. Complete the following pro forma financial statements. Use the forecasting assumptions in the far right-hand column. This Year Next Year Forecasting Assumption 100 50 Sales will grow 20% Constant % of sales Remains same 40 10 5 Sales Variable Costs Fixed Costs Net Income Dividends Current Assets Fixed Assets Total Assets Current Liabilities Long-Term Debt Common Stock Retained Earnings Total Liabilities and Equity 60 100 160 Keep 50% payout ratio Constant % of sales Remains same 20 20 20 100 Constant % of sales Remains same Remains same 160 AFN = 3 Type here to search i E
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