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Statement of Comprehensive Income Sales Costs Taxable income Taxes (34%) Net income Dividends $2,500 Addition to retained earnings 7,705 $ 47,000 31, 360 $15,700 5,338

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Statement of Comprehensive Income Sales Costs Taxable income Taxes (34%) Net income Dividends $2,500 Addition to retained earnings 7,705 $ 47,000 31, 360 $15,700 5,338 $10,362 The statement of financial position for the Dartmoor Corporation follows Assets Current assets Cash Accounts receivable Inventory Total DARTMOOR CORPORATION Statement of Financial Position Llabilities and Owners' Equity Current abilities 5. 2,959 Accounts payable 4,100 Notes payable 6,400 Total 313,450 Long-term debt Owners' equity Comon stock and paid in surplus $49,500 Retained earnings Total $54,750 Total liabilities and owners' equity 5.400 $ 7,100 $ 25,000 Fixed assets Not plant and equipment 315.000 3,95 $15.95 $54,750 Total assets Prepare a pro forma statement of financial position, assuming a 15% increase in sales, no new external debt or equity financing anda constant payout ratio. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit 5 sign in your response.) HATI Total assets 554,750 Total liabilities and owlers equity 7 Prepare a pro forma statement of financial position, assuming a 15% increase in sales, no new external debt or equity financing, and a constant payout ratio (Do not round intermediate calculations, Round the final answers to 2 decimal places. Omit S sign in your response.) DARTOON CORPORATION Pro Forn Statement of Financial Position Assets bilities and stoty Current assets Current abilities 5 Cash $ 2950 Accounts payable 2400 g accounts receivable 41000 Note payable 500 g 6400 Inventory 7800 O Total $ 2000 33450 Longter det Owens uity 1500 Comon stock and paid in surplus Fixed assets 411000 Net plant and woulment Retained earnings Total 54 56750 O Total liabilities and owners equity Total assets Total Calculate the EFN. (Do not round Intermediate calculations. Negative answer should be indicated by a minus sign. Round the final answer to 2 decimal places. Omit S sign in your response) FEN S 1188.80

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