Pro forma balance sheet.Next year, National Beverage Company will increase its plant, property, and equipment by $4,009,000 with a plant expansion. The inventories will grow by 32%, accounts receivable will grow by 15%, and marketable securities will be reduced by 53% 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 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?

15%, and marketable securities will be reduced by 53% to help finance the expansion. Assume all other asset accounts will remain the sa (no change in common stock or retained earnings). Using this information and the balance sheet in the popup window, for National E additional debt will the company need using this pro forma balance sheet? 5 National Beverage Company Pro Forma Balance Sheet for the Year Ending December 31, 2014 ASSETS LIABILITIES Current assets Current liabilities Cash Accounts payable $ Marketable securities Other current liabilities $ Accounts receivable $ Total current liabilities $ Inventories $ Long-term liabilities Long-term debt Total current assets $ $ Long-term assets Other long-term liabilities $ Plant, property, and equipment $ Total long-term liabilities $ Goodwill Total liabilities $ Intangible assets OWNERS' EQUITY Total long-term assets Common stock $ Retained earnings Enter any number in the edit fields and then click Check Answer. Cash $ Accounts payable Marketable securities $ Other current liabilities $ Accounts receivable $ Total current liabilities $ Inventories $ Long-term liabilities Total current assets $ Long-term debt $ Long-term assets $ Other long-term liabilities Total long-term liabilities $ $ Plant, property, and equipment Goodwill $ Total liabilities $ Intangible assets $ OWNERS' EQUITY Total long-term assets $ Common stock $ Retained earnings Total owners' equity $ TOTAL LIABILITIES AND TOTAL ASSETS OWNERS' EQUITY $ Enter any number in the edit fields and then click Check Answer. 1 part remaining Clear All 884 ARA 1 1 MALZ 24 O )) 15%, and marketable securities will be reduced by 53% to help finance the expansion. Assume all other asset accounts will remain the sa (no change in common stock or retained earnings). Using this information and the balance sheet in the popup window, for National E additional debt will the company need using this pro forma balance sheet? 5 National Beverage Company Pro Forma Balance Sheet for the Year Ending December 31, 2014 ASSETS LIABILITIES Current assets Current liabilities Cash Accounts payable $ Marketable securities Other current liabilities $ Accounts receivable $ Total current liabilities $ Inventories $ Long-term liabilities Long-term debt Total current assets $ $ Long-term assets Other long-term liabilities $ Plant, property, and equipment $ Total long-term liabilities $ Goodwill Total liabilities $ Intangible assets OWNERS' EQUITY Total long-term assets Common stock $ Retained earnings Enter any number in the edit fields and then click Check Answer. Cash $ Accounts payable Marketable securities $ Other current liabilities $ Accounts receivable $ Total current liabilities $ Inventories $ Long-term liabilities Total current assets $ Long-term debt $ Long-term assets $ Other long-term liabilities Total long-term liabilities $ $ Plant, property, and equipment Goodwill $ Total liabilities $ Intangible assets $ OWNERS' EQUITY Total long-term assets $ Common stock $ Retained earnings Total owners' equity $ TOTAL LIABILITIES AND TOTAL ASSETS OWNERS' EQUITY $ Enter any number in the edit fields and then click Check Answer. 1 part remaining Clear All 884 ARA 1 1 MALZ 24 O ))