Answer Happy

Posted: **Tue Nov 16, 2021 8:29 am**

: Based On Jim S Expectation Of 9 8 Sales Growth And Payout Ratio Of 84 45 Of Net Income Next Year Jim Developed The Pr 1 (35.33 KiB) Viewed 148 times

: Based On Jim S Expectation Of 9 8 Sales Growth And Payout Ratio Of 84 45 Of Net Income Next Year Jim Developed The Pr 2 (28.57 KiB) Viewed 148 times

: Based On Jim S Expectation Of 9 8 Sales Growth And Payout Ratio Of 84 45 Of Net Income Next Year Jim Developed The Pr 3 (104.26 KiB) Viewed 148 times

: Based On Jim S Expectation Of 9 8 Sales Growth And Payout Ratio Of 84 45 Of Net Income Next Year Jim Developed The Pr 4 (104.26 KiB) Viewed 148 times

Based on Jim's expectation of 9.8% sales growth and payout ratio of 84.45% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? Click the icon to view the pro forma financial statements. (Select from the drop-down menu.) The total new financing will be $ (Round to the nearest dollar)

Statements Pro Forma Financial Statements Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income $217,580 (109,548) $108,032 (6.555) $101 477 (472) $101005 (35,352 565,653 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $16,459 2.185 4.315 S22 959 10 991 $33.950 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 51.537 4,050 $5,587 535,679 $41,266

(Select from the drop-down menu.) The total new financing will be $ (Round to the required excess