Question
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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