Question $25$

Archie Inc. posted the above financiat statements for the most recent year. The CFO

forecasts a $15\mathrm{.}20\%$ growth rate. Using the simple financial planning model,

construct the firm's pro forma financial statements and calculate the projected

addition to retained earnings.

$$9,689\mathrm{.}47$

$$9,323\mathrm{.}00$

$$9,986\mathrm{.}00$

$-$$$9,996\mathrm{.}23$