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Please fill in the Second Pass Balance Sheet (and show calculations!) based on the following information: Calculation Income Statement: Sales Costs except Depr EBITDA Depreciation
Please fill in the Second Pass Balance Sheet (and show calculations!) based on the following information:
Calculation Income Statement: Sales Costs except Depr EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income Current Yr. Next Yr. 1,500,000 1,800,000 Sales are expected to grow to $1,800,000 next year (800,000) _960,000)((-800,000)/1,500,0001*1,800,000 700,000840,0001800000+(-960000) (150,000) (180,000) 150,000/1,800,0001 2,160,000 (PPE net value) 550,000660,000 840,000+(-180,000) (50,000) (50,000) Kept it the same 500,000610,000 660,000+(-50,000) (200,000)(256,000) (-200,000)/500,000]*640,000 300,000354,000 610,000+(-256,000) 000300 00740 Calculation Income Statement: Sales Costs except Depr EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income Current Yr. Next Yr. 1,500,000 1,800,000 Sales are expected to grow to $1,800,000 next year (800,000) _960,000)((-800,000)/1,500,0001*1,800,000 700,000840,0001800000+(-960000) (150,000) (180,000) 150,000/1,800,0001 2,160,000 (PPE net value) 550,000660,000 840,000+(-180,000) (50,000) (50,000) Kept it the same 500,000610,000 660,000+(-50,000) (200,000)(256,000) (-200,000)/500,000]*640,000 300,000354,000 610,000+(-256,000) 000300 00740Step by Step Solution
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