= Homework: Chapter 12 Homework Question 7, P12-11 (simi... 7, Part 1 of 2 > HW Score: 57.14%, 4 of 7 points O Points: 0 of 1 Save Cash $ Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by Next question plant expansion. The inventories will grow by 29%. , , accounts receivable will grow by 18%, and marketable securities will be reduced by 52% to help finance the expansion. Assume all other asset accounts will remain the same and the company will use long-term debt to finance the remaining expansion costs (no change in common stock or retained earnings). Using this information and the balance sheet in the popup window, B. for National Beverage Company for 2013, prepare a pro forma balance sheet for 2014. How much additional debt will the company need using this pro forma balance sheet? .... Pro Forma Balance Sheet for the Year Ending December 31, 2014 ASSETS LIABILITIES Current assets Current liabilities $ Accounts payable $ Marketable securities $ Other current liabilities $ Accounts receivable $ Total current liabilities Inventories $ Long-term liabilities Total current assets $ Long-term debt $ Long-term assets Other long-term liabilities $ Plant, property, and equipment $ Total long-term liabilities $ Goodwill S Total liabilities $ Intangible assets $ OWNERS' EQUITY Total long-term assets $ Common stock Retained eamings S Total owners' equity $ TOTAL LIABILITIES AND TOTAL ASSETS OWNERS' EQUITY s S Help me solve this View an example Get more help Clear all Check answer = Homework: Chapter 12 Homework Question 7, P12-11 (simi... 7, Part 1 of 2 > HW Score: 57.14%, 4 of 7 points O Points: 0 of 1 Save Cash $ Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by Next question plant expansion. The inventories will grow by 29%. , , accounts receivable will grow by 18%, and marketable securities will be reduced by 52% to help finance the expansion. Assume all other asset accounts will remain the same and the company will use long-term debt to finance the remaining expansion costs (no change in common stock or retained earnings). Using this information and the balance sheet in the popup window, B. for National Beverage Company for 2013, prepare a pro forma balance sheet for 2014. How much additional debt will the company need using this pro forma balance sheet? .... Pro Forma Balance Sheet for the Year Ending December 31, 2014 ASSETS LIABILITIES Current assets Current liabilities $ Accounts payable $ Marketable securities $ Other current liabilities $ Accounts receivable $ Total current liabilities Inventories $ Long-term liabilities Total current assets $ Long-term debt $ Long-term assets Other long-term liabilities $ Plant, property, and equipment $ Total long-term liabilities $ Goodwill S Total liabilities $ Intangible assets $ OWNERS' EQUITY Total long-term assets $ Common stock Retained eamings S Total owners' equity $ TOTAL LIABILITIES AND TOTAL ASSETS OWNERS' EQUITY s S Help me solve this View an example Get more help Clear all Check
