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Preparing pro forma financial statements (requires Appendix 7.1). Problem 25 presents financial statements for Bullseye Corporation for its fiscal years ending December 31, 2011, 2012,
Preparing pro forma financial statements (requires Appendix 7.1). Problem 25 presents financial statements for Bullseye Corporation for its fiscal years ending December 31, 2011, 2012, and 2013, as well as financial statement ratios. a. Prepare a set of pro forma financial statements for Bullseye Corporation for fiscal years 2014 through 2018 using the assumptions detailed below. b. Describe actions that Bullseye might take to deal with the shortage of cash projected in part a. c. What are the likely reasons for the projected changes in the return on equity? Preparing pro forma financial statements (requires Appendix 7.1). Problem 25 presents financial statements for Bullseye Corporation for its fiscal years ending December 31, 2011, 2012, and 2013, as well as financial statement ratios. a. Prepare a set of pro forma financial statements for Bullseye Corporation for fiscal years 2014 through 2018 using the assumptions detailed below. b. Describe actions that Bullseye might take to deal with the shortage of cash projected in part a. c. What are the likely reasons for the projected changes in the return on equity
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