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The most recent financial statements for Tian Inc.: Tian inc. Income statement Tian inc. Balance Sheet Current Sales 7900 3900 Current liabilities 1100 assets Costs
The most recent financial statements for Tian Inc.: Tian inc. Income statement Tian inc. Balance Sheet Current Sales 7900 3900 Current liabilities 1100 assets Costs 6700 Fixed assets 8600 Long-term debt 4600 Equity 6800 Net Income 1200 Total 12500 Total 12500 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 45% dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by 7%. (fill in the blanks with values rounded to the nearest cent, no dollar signs "$", and commas Example: $1,234.567 >>> write as 1234.57) A. Create Lindner Co.'s pro forma statements and reconcile them. Pro forma Income Pro forma Balance Sheet statement Current Sales Current liabilities lassets Fixed Costs Long- term debt assets Equity Net Total Total Income B. How much is the dividend? C. Find the EFN
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