Question 6

You are providing the following information for a company.

Use the Total Assets shortcut approach to find the following values:

Geometric growth rate in total assets = ______ ... enter this value as a decimal with a leading zero and 3 decimal places of precision (i.e. 0.123)

Historical Average debt ratio = ______ ... enter this value as a decimal with a leading zero and 3 decimal places of precision (i.e. 0.123)

Total Equity for Base Year + 2 = _______ ... enter this value as a number with no dollar sign or commas and 1 decimal places of precision (i.e. 15.1)

* Round decimal (percentage) calculations to 3 decimal places of precision

* Round dollar calculations to 1 decimal place of precision

Projected Assets Approach Total Assets Geometric Growth Rate in Total Assets 2017 $ 244,751 $ 2018 253,490 $ t = 2019 279,581 $ 123,412 $ 117,553 $ 115,970 Total Liabilities Historical Annual Debt Ratio Historical Average Debt Ratio Base Year + 1 Base Year + 2 Total Assets Total Liabilities Total Equity 2019 $ 279,581.0 $ 115,970.0