Question
instructions for the case. Please submit your answers in either a Word, Excel, or .pdf document. Google sheets will not be accepted. This participation assignment
instructions for the case. Please submit your answers in either a Word, Excel, or .pdf document. Google sheets will not be accepted. This participation assignment is due on Wednesday, February 14 by
11:59
pm.\ Southeast Chemicals Case
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\ Southeast Chemicals Case Excel Template
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\ Use the Southeast Chemicals case information to complete the following requirements:\ Estimate the 2024 financial requirements using the percent of sales approach for pro forma financial statements.\ Assume that each type of asset, as well as payables, accruals, and fixed and variable costs, will be the same percent of sales in 2024 as in 2023 (they will grow at the same rate as sales growth).\ The payout ratio is held constant at 40 percent.\ All debt carries an interest rate of 10 percent.\ Interest expenses should be based on the balance of debt at the beginning of the year.
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