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M11-14 complete parts A, B, C, D, and E. The forecast of the income statement and balance sheet for Next Generation yields the following 2017

M11-14 complete parts A, B, C, D, and E. image text in transcribed
The forecast of the income statement and balance sheet for Next Generation yields the following 2017 Actual 2018 Est 111-14. Adjust the Cash Balance $ millions $ 6,127 43,552 5,980 21,485 Cash and cash equivalents . . . . . . .. . . . . .. ..4,558 .5,980 ....21,930 (4,561) Long-term debt Treasury stock (4,811) Required a. Does forecasted cash deviate from the normal level for this company? b. Is the deviation in part a large enough to require adjustment? Explain. c. Suggest three ways to adjust the forecasted cash balance. d. If we used marketable securities to adjust the cash balance, what would be the adjusted forecas ti marketable securities? e. If we used treasury stock to adjust the cash balance, what would be the adjusted to stock

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