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Pro forma balance sheet. Next year, Califoria Cement Company will increase lts plant, property, and equipment by $6,048,000 with a plant expansion. The inventories will

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Pro forma balance sheet. Next year, Califoria Cement Company will increase lts plant, property, and equipment by $6,048,000 with a plant expansion. The inventories will grow by 81%, accounts receivable will grow by 73%, and marketable securities will be reducad by 55% to help finance the expansion. Assume all other asset accounts will remain the same and the company will use long-term debt to finance the remaining expansion costs (no change in common stock or retained earnings). Using this information and the balance sheet in the popup window, for Califomia Cement Company for 2013, prepare a pro forma balance sheet for 2014. How much additional debt will the company need using this pro forma balance sheet? Complete the pro-forma balance sheet for 2014 below: (Round to the nearest dollar.) Caliomia Cement Comptany tor 2013, prepare a pro forma balance sheet for 2014. How much additional debt will the company need using forma balance sheet? California Cement Company for 2013, prepare a pro forma balance sheet for 2014. How much additional debt will the company need using thi forma balance sheet? How much additional debt will be estimated using this pro forma balance sheet? (Round to the nearest doilar.)

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