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I need help woth Req B and Req C. I ask these question 3 times now and they were incorrect. The following tables contain financial

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I need help woth Req B and Req C. I ask these question 3 times now and they were incorrect.
image text in transcribed
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The following tables contain financial statements for Dynastatics Corporation Although the company has not been growing, now plans to expand and will increase net fixed assets (le assets net of depreciation) by $200.000 per year for the next 4 years, and it forecasts that the ratio of revenues to total assets will remain at 150 Annual depreciation is 20% of net foxed assets at the beginning of the year Fred costs are expected to remain at $94 and variable costs at 70% of revenue. The company's policys to pay out one half of net income as dividends and to maintain a book debt ratio of 20% of total capital $3.000 1.260 INCOME STATEMENT, 2015 (Eigures in thousands Revenue Fixed cost Variable conta (705 or revenue) Depreciation Interest 68 of beginning-of-year deb Taxable income Taxes (at 358 Net income Dividends Addition to retained earnings 18 28 94 5 174 $57 $ 87 BALANCE SHEET, YEAR-END Figures in thousands 2019 $ 400 300 51200 Assets Net working capital Fixed assets Total assets Liabilities and shareholders' equity Deb Equity Total liabilities and shareholders couitv 300 900 51.200 Liabilities and shareholders equity Debt Equity Total liabilities and shareholdersquity $300 900 3,200 Required: 01. Produce an income statement for 2020 Assume that net working capital wil equal 50% of freed assets 22. Produce a balance sheet for 2020. Assume that net working capital will equal 50% of food assets b. Now assume that the balancing items debt and that no equity is to be issued Prepare a completed pro forma balance sheet for 2020 c. Assume that the balancing item is debt and that no equity is to be issued, what is the projected debt ratio for 2020? Complete this question by entering your answers in the tabs below. Reg Reg A2 Regc Reg A1 Now assume that the balancing item is debt and that no equity is to be issued. Prepare a completed pro forma balance sheet for 2020. (Enter your answers in thousands.) Balance Sheet Year End 2020 $ Assets Net working capital Fixed assets 500 1.000 OL Reg A1 Reg A2 ReqB Reqc Now assume that the balancing item is debt and that no equity is to be issued. Prepare a completed pro fc sheet for 2020. (Enter your answers in thousands.) $ Balance Sheet Year-End 2020 Assets Net working capital Fixed assets Total assets Liabilities & Shareholders' Equity Debt Equity Total liabilities & shareholders' equity 500 1,000 1,500 $ $ 1,500 Check my w Required: 01. Produce an income statement for 2020. Assume that net working capital will equal 50% of fixed assets 02. Produce a balance sheet for 2020. Assume that net working capital will equal 50% of fixed assets b. Now assume that the balancing item is debt and that no equity is to be issued. Prepare a completed pro forma balance sheet for 2020 C. Assume that the balancing item is debt and that no equity is to be issued, what is the projected debt ratio for 2020? Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Rego Reg C What is the projected debt ratio for 2020? (Round your answer to 3 decimal places.) Debt ratio

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