Income Statement as of 31/12/2021 2 2021 Sales 3000 COGS 2616 Depreciation 100 Total Operating Expenses 2716 EBIT 284 Interest 88 EBT 196 Taxes (40%) 78 Net Profit 118 Preferred Shares Dividends 4 Net Distributable Profits 114 Ordinary Shares Dividends 58 Retained Earnings 56 Financial Position as of 31/12/2021 2021 Cash 10 Debtors 375 Inventory 615 Total Current Assets 1000 Net Fixed Assets 1000 Total Assets 2000 Creditors 60 Short Term Loans 110 Accrual Expenses 140 Total Current Liabilities 310 Long Term Bonds 754 Total Liabilities/Debts 1064 Preferred Shares 40 Ordinary Shares 130 Retained Earnings 616 Reserves 150 Total Monetary Equity 936 Total equity & Liabilities 2000 You are required to do a financial forecasting using the percentage of sales method and the forecasted financial position method while taking into consideration that our firm is planning to increase its current sales by the percentages associated to each one of you in the below table. You have to prove your answer, using the Modern Technique Analysis (EVA). % of Increase Name 16.19 Ahmed Magdy Arafat Abdel Wahab 16.29 Ahmed Mohamed Khaled Ahmed Lotfy Mohamed El Deeb 16.36 Adham Mohamed Abdel Latif Ibrahim 16.51 Esraa Orabi Muhammadi Orabi 16.54 Basem Saeed Al-Mahdi Mohammed Al-Tantawy 16.61 Hussein Mustafa Ahmed Mohamed 16.65 Khaled Abdel Moneim Abu Al-Lail Abdel Hakim 16.67 Ramy Sayed Mohamed Nasr Abu Ela 16.88 Radwa Ahmed Abdel Latif Ahmed Alaa El Din 16.90 Saad Mohammed Al-Saeed Youssef Abdel-Al Salima 17.08 Shorouk Mohamed Zaki Ahmed Abu Kahla 17.11 Majed Hisham Mahmoud Sami Ahmed Sami 17.56 Mohamed Ahmed Abdel Aziz Fathi Okasha 17.64 Mohamed Syed Abdel-Maboud Mohamed 18.23 Mohamed Salah Mohamed Al-Saeed Mohamed 18.55 Mahmoud El-Sayed Attia El-Sayed Abdel-Majid Ras 18.73 Mukhtar Mamoon Abdul Rahman Abdul Gawad 18.77 Marwa Mohamed Aref Mahmoud Shehata 18.79 Mayar Mohamed Aref Mahmoud Shehata 18.81 Heba Hassan Hanafy Muhammad 18.88 Hind Muhammad Abdullah Muhammad 18.91 Heidi Al-Saeed Maher 18.95 Yasmina Al-Saeed Maher 19.11 Maram Ahmed Abdel Hamid 19.23 Mayada Nabil Khanfi 19.55 Ahmed Kamal Mohamed Abdel Meguid 19.72 Khaled Mustafa Shaaban Anan 19.79 Sally Samir Mohamed Abdel Aziz 19.81 Samar Mohamed Fathy Abdel Moneim El Shazly 19.88 Seif Al-Din Mazen Saleh Ibrahim Al-Khayat 19.91 Abdul Rahman Yahya Muhammad Ali 19.95 Abdulrahman Hassan Mohammed Taher Hassan 20.11 Abdel Qader Sayed Shafei Ahmed Mahmoud 20.56 Amr Ahmed Mohamed Tawfik 20.64 Mohamed Ahmed Zaki Mohamed 20.73 Mohamed Ashraf Abdel Fattah Mohamed Emara 20.77 Muhammad Mamdouh Abdullah Muhammad Ali 20.81 Noha Hisham Gamal El Din Ibrahim El Nouri 20.88 Nouran Amr Abdel Rahman Abdel Ghani Al-Baqly 20.91 Hani Ahmed Mohamed Mohamed Ibrahim Hamza 20.95 Heba Abdel Rahman Badawy Ahmed 21.08 Heba Fawzy Mohamed Mahmoud 21.11 Hind Hossam El Din Omar Abu Bakr Shahat 21.56 Hussein Muhammed Ali Muhammad Rizk 21.64 Mai Magdy Wahba Mohamed Atlam 21.73 Emad Hamdy Ramadan Owais 21.77 Kamel Hassan Kamel Mohamed Farhat 21.81 Ahmed Mohamed Abdel Rahman Al-Behairy 21.88 Enas Atef Ali 21.91 Ahmed Rabie Mohamed Hefny 22.11 Bassem Adel Hussein 22.36 Mayar Sami Abdel Razek