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Prepare a pro forma income statement and balance sheet for the next 5FYs (until 2026) under the assumption that revenues will increase by 2% per

Prepare a pro forma income statement and balance sheet for the next 5FYs (until 2026) under the assumption that revenues will increase by 2% per year, the company retains earnings and it maintains all current ratios (when possible). Assume that the firm can borrow at 5.5

PRO Forma Actual 2021 Projected 2022 Projected 2023 Projected 2025 Projected 2026

COGS/Rev 2.091

SBA?Sales .255

Inv/COGS .192

Other CA/Sales .101

AR/Sale .133

AP/COGS.359

Sales/FA 3.865

Depre/FA 0 .070

Equity/invested capital .830

STDebt/invested capital .013

Long term Debt/Invested Cap .156

Tax Rate .275

Revenue growth rate

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