The question is to draw up a financial plan to assess the financial situation at the end of 2020. The information to draw the financial plan is all written down above. The starting point is the income statement and balance sheet for 2019.

Net sales. The company Kalen, which supplies equipment for ferries, has been aware of the pandemic in 2020. Below is the company's income statement and balance sheet for 2019 (outcome). Losome statement (SEK m) 2019 2019-12-31 Balanse sbest (SEK million) 11 000 Facilities 1 400 Material sosts -3000 Stock 4 400 Peczennel sosta -4000 Accounts, ceseixable. 2000 Depreciation asserding to Checkout plan Other sosta -3000 Total assets 8 000 Operating profit Interest sxranses Equity Long-term liabilities 4 000 Beracted.cesults 240 Succent liabilities Total liabilities & equity 8 000 Fiogacial sucrius / deficit -500 200 500 -200 -60 3 600 Tax 400 0 The following assumptions are made about the activities for the year 2020:|| - Sales fall in volume by 70%. Sales Briset are unsbacked - Materials and other operating costs can be considered as variable costs. - Prices for materials and other costs increase by 3%. - Personnel costs are reduced by 30%. - No investments in fixed assets are made. Repreciation in 2020 is 400. - Long-term loans are repaid as usual with 500 at the beginning of January. The interest rate is unsbanged - The average turnover rate for inventories is unchanged at 3.75 times per year. - The average payment time for customer invoices is unchanged at 73 days. - Current liabilities as a share of purchases (materials and other costs) are the same in 2020 as in 2019. - The corporate tax rate is 22%. - Cash requirements are 2% of sales Question: The company's management hires you to draw up a financial plan to assess the financial situation at the end of 2020. The starting point is the income statement and balance sheet for 2019. Answer task 5 below