Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hello. maybe some can help me to figure out how do i get does numbers. Use the following information on Company X and perform pro-forma
Hello.
maybe some can help me to figure out how do i get does numbers.
Use the following information on Company X and perform pro-forma financial modeling using a percentage sales method to answers the next two questions. Sales in 2020 are expected to grow at a rate of 9% with respect to the values of 2019. Assume the company pays out 55% of its net income. 2. + Table 1 Income Statement, 2019 Balance Sheet, 2019 7,000,000 Sales Costs except Depe Assets Cash and Equivalents 3,500,000 1.156.000 EBITDA 3,500,000 Accounts Receivable 960,000 Depreciation -10.900 Inventories 90,000 EBIT 3,489,100 2,206,000 -100,500 Total Current Assets Property Plant & Equipment Total Assets Interest Expense (net) Pretax Income Income Tax 2,190,000 3,388,600 4,396,000 1,186,010 2,202,590 Net Income Liabilities & Equity Accounts Payable 1,000,000 Debt 950,000 Total Liabilities 1,950,000 Stockholders' Equity 2,446,000 Total Liabilities and 4.396.000 Debt 950,000 Total Liabilities 1,950,000 Stockholders' Equity 2.446,000 Total Liabilities and Equity 4,396,000 Question: Use the percent sales method to forecast the value of next years stockholders equity for fi... X. 3529016 QUESTION 7 Question: Use the percent sales method to estimate the firm s net new financing for firm X. 777376Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started