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Need help Consider the following simplified financial statements for the Wesney Corporation ( assuming no income taxes ) : The company has predicted a sales

Need help Consider the following simplified financial statements for the Wesney Corporation
(assuming no income taxes):
The company has predicted a sales increase of 20 percent. Assume the company pays
out half of net income in the form of a cash dividend. Costs and assets vary with sales,
but debt and equity do not.
Prepare the pro forma statements. (Input all amounts as positlve values. Do not round
Intermedlate calculations and round your answers to the nearest whole number, e.g.,
32.)
Answer is not complete.
What is the external financing needed? (A negatlve answer should be Indicated by a
minus sign. Do not round Intermedlate calculations and round your answer to the
nearest whole number, e.g.,32.)
Answer is complete but not entirely correct. Problem 4-3 Calculating EFN [LO2]
The most recent financial statements for Camryn, Incorporated, are shown here
(assuming no income taxes):
Assets and costs are proportional to sales. Debt and equity are not. No dividends are
paid. Next year's sales are projected to be $8,024. What is the external financing
needed? (Do not round Intermedlate calculatlons and round your answer to 2 decimal
places, e.g.,32.16.)
Answer is complete but not entirely correct.
External financing needed
S ,1,082.85 Problem 4-11 EFN and Sales [LO2]
Consider the following income statement for the Heir Jordan Corporation:
The balance sheet for the Heir Jordan Corporation follows.
Prepare a pro forma balance sheet, assuming an increase in sales of 15 percent, no new
external debt or equity financing. and a constant payout ratio. (Do not round
Intermedlate calculations and round your answers to 2 decImal places, e.g.,3216.)Problem 4-6 Calculating Internal Growth [LO3]
The most recent financial statements for Mandy Company are shown here:
\table[[Income Statement,Balance Sheet],[Sales,\table[[20,900]],Current assets,$12,100,Debt,$16,900],[Costs,14,400,Fixed assets,35,100,Equity,30,300],[Taxable income,$6,500,Total,$47,200,Total,$47,200],[Taxes (25%),1,625,,,,],[Net income,$4,875,,,,]]
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g.,32.16.)
Answer is complete but not entirely correct.
\table[[Internal growth rate,8.65x,%]]
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