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Franco - American Imports - Pro - Forma Statements Franco - American Imports Franco - American Imports Income Statement Balance Sheet ( 0 0 0
FrancoAmerican Imports ProForma Statements
FrancoAmerican Imports FrancoAmerican Imports
Income Statement Balance Sheet
ss
Actual Projected Actual Projected Actual Projected
Sales Assets Liabilities & Equity
COGS Cash Accounts Payable
Marketable securities Taxes Payable
Gross Margin Accounts Receivable Notes Payable
Inventories Other current Liabilities
Operating Expenses Total current assets Total Current Liabilities
Operating Profits Net Fixed Assets LongTerm Debt
Interest Expense Financing Required
Profit Before Tax Total Assets Common Stock
Tax @ Retained Earnings
Net profit after tax
Total Liabilities & Equity
Memo: Cash Dividends
Assumptions for all numbers in s:
Sales are projected to increase by over
COGS includes $ in fixed costs
Operating Expenses include $ in fixed costs
The firm will pay cash dividends of of net profits after tax
Cash will double
Due to a large purchase, inventory turnover will decline to X
Marketable securities notes payable, lingterm debt and common stock will remain unchanged.
AR days and AP days are expected to remain the same as
Other current liabilities will change in direct response to the change in sales
A new computer system costing $ will be purchased during the year
Total depreciation expense for the year will be $
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