Lesson 4: Long Term Financing Activity 4: Long Term Financing {4 pages= 100 points) Choose a publicly traded company on which to focus, modeled on the Walmart analysis in chapter 14. Part A Project an income statement for next year for the rm based on your assessment of reyenne growth, key projected nancial ratios, and any other key assumptions, making sure to justify any assumptions. 1. 'What is your projection for net income and how does it compare with the preyious year? 2. Based on your assessment of anticipated dividends, what is your projection for a change in retained earnings? Part E Project a balance sheet for next year for the rm based on your assessment of the change in retained earnings, key projected nancial ratios, and any other key assumptions, making sure to justify any assumptions. Use external borrowing as your balancing \"plug-" 1i''hat is your assessment of the rm=s nancial needs?II Part C Based on your projection of nancial needs, what recommendation would you make to the rmfor example, how to meet increased nancing needs or what to do with excess nancial capacity