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Hello. i am having difficulty with this question. Please help. (Pro forma balance sheet construction)Use the following industry average ratios to construct a pro forma
Hello. i am having difficulty with this question. Please help.
(Pro forma balance sheet construction)Use the following industry average ratios to construct a pro forma balance sheet for Carlos Menza, Inc The company's cost of goods sold is $ (Round to the nearest dollar.) The company's total assets are $ (Round to the nearest dollar.) The company's fixed assets are $ (Round to the nearest dollar.) The company's accounts receivable is $ (Round to the nearest dollar.) The company's inventories are $ (Round to the nearest dollar.) The company's current liabilities are $ (Round to the nearest dollar.) The company's total liabilities are $ (Round to the nearest dollar.) Complete Carlos Menza's balance sheet below:(Round to the nearest dollar.) Carlos Menza Pro Forma Balance Sheet Cash $ Accounts receivable Inventory Net fixed assets Current liabilities Long-term debt Total liabilities Common equity $ Total Total $ $ $Step by Step Solution
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