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Pro forma. You are a financial analyst that has been hired to forecast the possible funding need for a company based on its financial information
Pro forma. You are a financial analyst that has been hired to forecast the possible funding need for a company based on its financial information and future plans. You know that the net property, plant, and equipment at the end of 2018 was $25,000K and it currently equals $30,000K. Longterm debt at the end of 2018 was $15,000K and it currently equals $17,000K. You assumed that sales will decreased by 10 percent. Given the company's recent income statement, you constructed the pro forma below: - Report the ratios for the Cost of Goods Sold, Depreciation, Interest Expense, and Tax that you used to construct the proforma net income statement for fiscal year end 2020 . - Report your answers as follows. Report each ratio as 0 .XX. For example, a ratio of 30/90 would be reported 0.33 and a ratio of 100/500 would be reported as 0.20. Pro forma. You are a financial analyst that has been hired to forecast the possible funding need for a company based on its financial information and future plans. You know that the net property, plant, and equipment at the end of 2018 was $25,000K and it currently equals $30,000K. Longterm debt at the end of 2018 was $15,000K and it currently equals $17,000K. You assumed that sales will decreased by 10 percent. Given the company's recent income statement, you constructed the pro forma below: - Report the ratios for the Cost of Goods Sold, Depreciation, Interest Expense, and Tax that you used to construct the proforma net income statement for fiscal year end 2020 . - Report your answers as follows. Report each ratio as 0 .XX. For example, a ratio of 30/90 would be reported 0.33 and a ratio of 100/500 would be reported as 0.20
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