Gugol.com has a policy of paying 16% of its net income as dividends. Gugols corporate tax rate is 35%, and its cost of debt is 6% p.a. Calculate the missing information in this years pro forma balance sheet and partial pro forma income statement (shown below), and then write in the answer box the value for the amount of debt (D) in the balance sheet. Give the answer with a 2-decimal accuracy; that is, it must be accurate to the penny.

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The Koke Company has a policy of not paying dividends, and its bank requires that it always keep a compensating balance of 15% of its debt (D) in cash. Kokes corporate tax rate is 22%, and its cost of debt is 10% p.a. Calculate the missing information in this years pro forma balance sheet and partial pro forma income statement (shown below), and then write in the answer box the value for the amount of debt (D) in the balance sheet. Give the answer with a 2-decimal accuracy; that is, it must be accurate to the penny.

Balance Sheet (12/31) Assets Cash A/R Inventory 261 FA Total Income Statement (1/1 to 12/31) Liabilities EBIT 384 283 453 AP 138 Equity 182 RE EBT Taxes NI 176 Balance Sheet (12/31) Assets Cash AR Inventory 121 FA Total Income Statement (1/1 to 12/31) Liabilities EBIT 234 A 138 Interest 355 Equity 147 RE Taxes NI 241 Balance Sheet (12/31) Assets Cash A/R Inventory 261 FA Total Income Statement (1/1 to 12/31) Liabilities EBIT 384 283 453 AP 138 Equity 182 RE EBT Taxes NI 176 Balance Sheet (12/31) Assets Cash AR Inventory 121 FA Total Income Statement (1/1 to 12/31) Liabilities EBIT 234 A 138 Interest 355 Equity 147 RE Taxes NI 241