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Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by $4,000,000 with a plant expansion. The inventories will
Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by $4,000,000 with a plant expansion. The inventories will grow by 30% accounts receivable will grow by 20% and marketable securities will be reduced by 50% 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 information and the balance sheet in the popup window, EEBfor National Beverage 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.) National Beverage Company Pro Forma Balance Sheet for the Year Ending December 31, 2014 ASSETS LIABILITIES Current assets Current liabilities Cash Marketable securities Accounts receivable Accounts payable Other current liabilities Total current liabilities Long-term liabilities Total current assets Long-term debt Other long-term liabilities Long-term assets Enter any number in the edit fields and then continue to the next question. Pro forma balance sheet. Next year, National Beverage Company will increase its plant, property, and equipment by $4,000,000 with a plant expansion. The inventories will grow by 30% accounts receivable will grow by 20% and marketable securities will be reduced by 50% 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 information and the balance sheet in the popup window, EEBfor National Beverage 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.) National Beverage Company Pro Forma Balance Sheet for the Year Ending December 31, 2014 ASSETS LIABILITIES Current assets Current liabilities Cash Marketable securities Accounts receivable Accounts payable Other current liabilities Total current liabilities Long-term liabilities Total current assets Long-term debt Other long-term liabilities Long-term assets Enter any number in the edit fields and then continue to the next
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