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Sales, cost and assets are expected to grow by 10% next year. No dividends are paid. Complete pro forma statement (round up to whole dollars).
Sales, cost and assets are expected to grow by 10% next year. No dividends are paid. Complete pro forma statement (round up to whole dollars). Income Statement Sales Cost Taxable Income Taxes (34%) Net Income Current $800 $700 $100 $34 $66 Projected $ $ $ $ $ Balance Sheet Projected Current Current Projected Assets $400 $ Debt Equity Total $150 $250 $400 $ $ $ Total $400 $
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