I need explanation for all questions You are required to show all work, and not change the font, to receive full credit You may add rows or columns in between if using a financial calculator, please list your inputs and the function used GameGo Inc (Game) is a digital gaming platform that is crushing its old school competition Game generates revenue from both advertising on its platform as well as through in app purchases Game's user base is expanding quickly and management is excited about its future growth prospects Part A Budgeting Financial Analysis (32 points) (s in thousands) Statement of Income Balance Sheet $250 0 Cash Accounts Receivables Inventory Other current assets Current Assets Revenue Cost of Goods Sold Gross Margin Selling, General Admin Expense Restructuring Charge Depreciation Operating Income other Income expense) Interest Expense Pre tax Income Taxes Net Income 1,168 8 2020 $1,230 0 670 0 560 0 300 0 50 0 ora 85 0 125 0 (10 0) 40 0 75 0 15 0 $60 0 2019 $200 0 350 0 260 0 125 0 935 0 550 0 135 0 1,620 0 PP E Goodwill Total Assets 2,025 0 Accounts payable Accrued expenses Revolving credit line Short term debt Other current liabilities Current Liabilities Notes Payable Deferred taxes Total Liabilities Shareholders' Equity Total Liabilities Shareholders Equity 435 0 365 0 50 0 70 0 190 0 1,110 0 30 0 200 75 0 1,215 0 405 0 Bandinni niandienia 1,387 5 1,518 8 $1,620 0 $2,025 0 1 Based on the following assumptions, what is the expected change ( ) in reported net income in 2021 (14 pts) a Revenue is projected to increase 23 b Cost of goods are expected to decrease 10 bps as a percentage of Revenue C SG A is expected to increase 25 bps as a percentage of Revenue due to increased hiring needs d Depreciation and Interest Expense are projected to be flat at $85 and $40, respectively in 2021 e There is not expected to be any other Income (expense) f Taxes are estimated to be 20 156 796 2 Explain how Net Income changed in relationship to Revenue, Margin and leverage deleverage (6 pts) Qualitative 3 Calculate the 2021 recurring EBIT margin and explain what it means (6 pts) 15 4 Qualitative 4 Calculate the 2020 Debt to Total Capital Ratio and explain what means (6 pts) 27 0 Qualitative You are required to show all work, and not change the font, to receive full credit You may add rows or columns in between if using a financial calculator, please list your inputs and the function used GameGo Inc (Game) is a digital gaming platform that is crushing its old school competition Game generates revenue from both advertising on its platform as well as through in app purchases Game's user base is expanding quickly and management is excited about its future growth prospects Part A Budgeting Financial Analysis (32 points) (s in thousands) Statement of Income Balance Sheet $250 0 Cash Accounts Receivables Inventory Other current assets Current Assets Revenue Cost of Goods Sold Gross Margin Selling, General Admin Expense Restructuring Charge Depreciation Operating Income other Income expense) Interest Expense Pre tax Income Taxes Net Income 1,168 8 2020 $1,230 0 670 0 560 0 300 0 50 0 ora 85 0 125 0 (10 0) 40 0 75 0 15 0 $60 0 2019 $200 0 350 0 260 0 125 0 935 0 550 0 135 0 1,620 0 PP E Goodwill Total Assets 2,025 0 Accounts payable Accrued expenses Revolving credit line Short term debt Other current liabilities Current Liabilities Notes Payable Deferred taxes Total Liabilities Shareholders' Equity Total Liabilities Shareholders Equity 435 0 365 0 50 0 70 0 190 0 1,110 0 30 0 200 75 0 1,215 0 405 0 Bandinni niandienia 1,387 5 1,518 8 $1,620 0 $2,025 0 1 Based on the following assumptions, what is the expected change ( ) in reported net income in 2021 (14 pts) a Revenue is projected to increase 23 b Cost of goods are expected to decrease 10 bps as a percentage of Revenue C SG A is expected to increase 25 bps as a percentage of Revenue due to increased hiring needs d Depreciation and Interest Expense are projected to be flat at $85 and $40, respectively in 2021 e There is not expected to be any other Income (expense) f Taxes are estimated to be 20 156 796 2 Explain how Net Income changed in relationship to Revenue, Margin and leverage deleverage (6 pts) Qualitative 3 Calculate the 2021 recurring EBIT margin and explain what it means (6 pts) 15 4 Qualitative 4 Calculate the 2020 Debt to Total Capital Ratio and explain what means (6 pts) 27 0 Qualitative

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I need explanation for all questions You are required to show all work, and not change the font, to receive full credit  You may add rows or columns in between  if using a financial calculator, please list your inputs and the function used  GameGo Inc  (Game) is a digital gaming platform that is crushing its old school competition  Game generates revenue from both advertising on its platform as well as through in app purchases  Game's user base is expanding quickly and management is excited about its future growth prospects  Part A   Budgeting   Financial Analysis (32 points) (s in thousands) Statement of Income  Balance Sheet $250 0 Cash Accounts Receivables Inventory Other current assets Current Assets Revenue Cost of Goods Sold Gross Margin Selling, General   Admin Expense Restructuring Charge Depreciation Operating Income other Income expense) Interest Expense Pre tax Income Taxes Net Income 1,168 8 2020 $1,230 0 670 0 560 0 300 0 50 0 ora 85 0 125 0 (10 0) 40 0 75 0 15 0 $60 0 2019 $200 0 350 0 260 0 125 0 935 0 550 0 135 0 1,620 0 PP E Goodwill Total Assets 2,025 0 Accounts payable Accrued expenses Revolving credit line Short term debt Other current liabilities Current Liabilities Notes Payable Deferred taxes Total Liabilities Shareholders' Equity Total Liabilities   Shareholders Equity 435 0 365 0 50 0 70 0 190 0 1,110 0 30 0 200 75 0 1,215 0 405 0 Bandinni niandienia 1,387 5 1,518 8 $1,620 0 $2,025 0 1  Based on the following assumptions, what is the expected change ( ) in reported net income in 2021 (14 pts) a  Revenue is projected to increase 23  b  Cost of goods are expected to decrease 10 bps as a percentage of Revenue C  SG A is expected to increase 25 bps as a percentage of Revenue due to increased hiring needs d  Depreciation and Interest Expense are projected to be flat at $85 and $40, respectively in 2021 e  There is not expected to be any other Income (expense) f  Taxes are estimated to be 20  156 796 2  Explain how Net Income changed in relationship to Revenue, Margin and leverage deleverage  (6 pts) Qualitative 3  Calculate the 2021 recurring EBIT margin and explain what it means (6 pts)  15 4   Qualitative 4  Calculate the 2020 Debt to Total Capital Ratio and explain what means  (6 pts) 27 0   Qualitative You are required to show all work, and not change the font, to receive full credit  You may add rows or columns in between  if using a financial calculator, please list your inputs and the function used  GameGo Inc  (Game) is a digital gaming platform that is crushing its old school competition  Game generates revenue from both advertising on its platform as well as through in app purchases  Game's user base is expanding quickly and management is excited about its future growth prospects  Part A   Budgeting   Financial Analysis (32 points) (s in thousands) Statement of Income  Balance Sheet $250 0 Cash Accounts Receivables Inventory Other current assets Current Assets Revenue Cost of Goods Sold Gross Margin Selling, General   Admin Expense Restructuring Charge Depreciation Operating Income other Income expense) Interest Expense Pre tax Income Taxes Net Income 1,168 8 2020 $1,230 0 670 0 560 0 300 0 50 0 ora 85 0 125 0 (10 0) 40 0 75 0 15 0 $60 0 2019 $200 0 350 0 260 0 125 0 935 0 550 0 135 0 1,620 0 PP E Goodwill Total Assets 2,025 0 Accounts payable Accrued expenses Revolving credit line Short term debt Other current liabilities Current Liabilities Notes Payable Deferred taxes Total Liabilities Shareholders' Equity Total Liabilities   Shareholders Equity 435 0 365 0 50 0 70 0 190 0 1,110 0 30 0 200 75 0 1,215 0 405 0 Bandinni niandienia 1,387 5 1,518 8 $1,620 0 $2,025 0 1  Based on the following assumptions, what is the expected change ( ) in reported net income in 2021 (14 pts) a  Revenue is projected to increase 23  b  Cost of goods are expected to decrease 10 bps as a percentage of Revenue C  SG A is expected to increase 25 bps as a percentage of Revenue due to increased hiring needs d  Depreciation and Interest Expense are projected to be flat at $85 and $40, respectively in 2021 e  There is not expected to be any other Income (expense) f  Taxes are estimated to be 20  156 796 2  Explain how Net Income changed in relationship to Revenue, Margin and leverage deleverage  (6 pts) Qualitative 3  Calculate the 2021 recurring EBIT margin and explain what it means (6 pts)  15 4   Qualitative 4  Calculate the 2020 Debt to Total Capital Ratio and explain what means  (6 pts) 27 0   Qualitative

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