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Use the following data to create a basic Income Statement and Balance Sheet. Then create your Pro Forma Statements using the growth rate provided. Assume
Use the following data to create a basic Income Statement and Balance Sheet. Then create your Pro Forma Statements using the growth rate provided. Assume that the firm is currently operating its plant and equipment at capacity. Now answer the following questions based on the Pro Forma Statements generated. What is the Pro Forma addition to Retained Earnings? a. $683.10 b. $644.20 c. $732.12 d. $590.12 Using the data provided above, what is the External Financing Required for the Balance Sheet to balance? a. $665.20 b. $712.60 c. $544.83 d. $786.90
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