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Universal Products Company has almost finished its pro forma financlal statements for 2022, as shown next. a. Assume that Universal plans to purchase $700,000 In

image text in transcribed Universal Products Company has almost finished its pro forma financlal statements for 2022, as shown next. a. Assume that Universal plans to purchase $700,000 In fixed assets during 2022 and to dispose of no fixed assets during 2022 What would be its forecast for net fixed assets in 2022 ? b. Assume that Universal plans to have a dividend payout ratlo of 50 percent in 2022 and will nelther sell nor repurchase equity during 2022 . What would be its forecast for owner's equity in 2022 ? c. Given the assumptions In questions (a) and (b), what is Universal's projected external funding required for 2022

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