Executive Papers financial manager believed that revenues in 2000 would rise by as much as 50 percent

Question:

Executive Paper’s financial manager believed that revenues in 2000 would rise by as much as 50 percent or by as little as 10 percent. Recalculate the pro forma financial statements under these two assumptions. How does the rate of growth in revenues affect the firm’s borrowing requirement?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...