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Exercises # 2 - # 5 - The most recent financial statements for Bradley, Inc. are shown below ( assuming no income taxes ) :
Exercises ## The most recent financial statements for Bradley, Inc. are shown below assuming no
income taxes:
Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's
sales are projected to be $ Construct the pro forma statements and answer the following
questions based on the proformas:
Exercise # Net Income $
Exercise # Total Assets $
Exercise # Equity $
Exercise # The External Financing Needed $
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