1. Create a pro forma balance sheet for 1996. Explain how you get each numbers (required)

2. Use the percentage of sales method to estimate funds needed in 1996 using the 1995 percentage

3. When offered terms of 2/10, net 30, the firm has always taken the discount. Does this make financial sense?

4. Construct sources and uses statement for 1996. Make sure to analysis short term sources and short term uses, long term sources and long term uses.

Thanks in Advance!