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Expresso? Based on Jim's expectation of 10.2% sales growth and payout ratio of 83 64% of net income next year, Jim developed the pro forma
Expresso? Based on Jim's expectation of 10.2% sales growth and payout ratio of 83 64% of net income next year, Jim developed the pro forma financial statements given below What will be the amount of net new financing seeded for Jes Click the icon to view the pro forma financial statements Statements (Select from the drop-down menu) Income Statement The total new financing will be (Round to the nearest dollar Sales $211,959 Balance Sheet Ass Costs Except Depreciation (110.71) Cash and Equivalents $16,453 EBITDA $101,241 Accounts Receivable 2171 Depreciation (5,689) Inventories 4,430 EBIT $54.562 Total Current Assets $23054 Interest Expense (net) (267) Property, Plant, and Equipment 10.99 Pre-tax Income $94.265 Total Assets 53462 Income Tax (32.993) Net Income $61.272 Liabies and Equity Accounts Payable Deb $1.543 4.890 Total Labies Stockholder Equity Total Labs and Equity Print Done 35611 $36.434 $41,067 x
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