sales as lll 20 Bo to commih equity the same percentage of the addition to retained earnings. is for 6-9. Consider the current and pro forma financial statements that follow 2015 2016 200 100 80 20 10 120 200 320 40 40 40 200 320 220 110 80 30 Sales Variable Costs Fixed Costs Net Income Dividends Current Assets Fixed Assets Total Assets Current Liabilities Long-Term Debt Common Stock Retained Earnings Total Liabilities and Equity 132 200 332 40 40 208 332 AFN = 0 sential Concepts in Finance