Forescasting Assumptions: 2020 Sales grow by 6.0% over 2019 Sales 2020 Dividends Paid $21,186 Fixed Assets Net of Depreciation increase by $6.500 ( 56.5 million) Use 2019% of Sales figures to forecast 2020 accounts Round all forecasted figures to the nearest dollar This question requires you to forecast Munch's pro forma income statement for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Operating Income (EBIT) for 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma income statement for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Net Income for 2020 ? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma income statement for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 (\$6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Addition to Retained Earnings for 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Current Assets for 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 (\$6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Total Assets for 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Current Liabilities for 2020? Round your answer to the nearest thousand
