Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Total Common Equityyfor 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Total Liabilities and Equity for 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Additional Funds Needed for 2020? Round your answer to the nearest thousand. If negative, enter as a negative number. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Total Common Equityyfor 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Total Liabilities and Equity for 2020? Round your answer to the nearest thousand. Answer: This question requires you to forecast Munch's pro forma balance sheet for 2020 using the 2019 data and the following assumptions: - 2020 sales are 6.0% higher than 2019 Sales - 2020 Dividends Paid are $21,186 - 2020 Fixed Assets Net of Depreciation are increased by 6,500 ( $6.5 million) over 2019 - 2020 Addition to Retained Earnings is added to Retained Earnings on the 2020 pro forma balance sheet - All figures are in thousands of dollars, and all answers will also be in thousands of dollars. What is Much's forecasted Additional Funds Needed for 2020? Round your answer to the nearest thousand. If negative, enter as a negative number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tools for business decision making

Authors: kimmel, weygandt, kieso

4th Edition

978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461

More Books

Students also viewed these Accounting questions