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Q1. Use the past 5 years' financial statements to construct a pro-forma income statements and balance sheet for Encompass Health (EHC) in 2020. Please use
Q1. Use the past 5 years' financial statements to construct a pro-forma income statements and balance sheet for Encompass Health (EHC) in 2020. Please use the following assumptions as forecast basis. Sales grow at last year's (2019) rate; No dividend paid in 2020 No change to shares outstanding in 2020 Cost of long term debt is 6% in 2020 In EHC's statements, Retained Earnings is called "Accumulated deficit"?
Q2. Improve your forecasting by refining assumption 1, related to sales growth rate. What else seems logical to you?
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