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10. Consider the following accounting statements for the most recent year of your business: Income Statement 2022 Source
Posted: Thu Apr 28, 2022 12:28 pm
by answerhappygod
- 10 Consider The Following Accounting Statements For The Most Recent Year Of Your Business Income Statement 2022 Source 1 (79.42 KiB) Viewed 38 times
10. Consider the following accounting statements for the most recent year of your business: Income Statement 2022 Sources and Uses of Funds 2022 Sources Uses 2000 (1000) (500) 500 (200) Rev CGS Depr. EBIT Interest Tax'ble Inc Taxes Net Div Ret'd Earn Net Depr. ABonds AEquity Tot S 875 150 500 100 ANWC AFxd Asts Diy Tot U 875 100 700 75 300 125 (150) 150 (75) 75 Balance Sheet 2022 Assets Liabilities NWC2000 Fxd Assts 5000 Debt Equity 2000 5000 Show the pro forma statements for 2023 if the company projects 10% growth for the year and if they do not want to use any more debt. Assume the interest rate (10%), tax rate (50%), depreciation method (10 yr. Straight Line) and dividend payout ratio (50% of Net) remain the same.