Forecasted Statements and Ratios

is shown here $($millions of dollars$)$:

all assets$/$sales ratios, $($spontaneous liabilities$)/$sales ratios, the profit margin, and the payout ratio remain constant in $2019.$ Do not round intermediate calculations.

your answer to two decimal places.

$

million

$\%$

no additional interest expense due to the new debt$).$

your answers to two decimal places.

Upton Computers

Pro Forma Balance Sheet

December $31,2019$

$($Millions of Dollars$)$

Cash

Receivables

Inventories

Total current assets

Net fixed assets

Total assets

Accounts payable

Notes payable

Line of credit

Accruals

Total current liabilities

Mortgage loan

Common stock

Retained earnings

Total liabilities and equity

$