Question: 2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy

 2) For the following problems, use Exhibit A. For exhibit A,
the amount of sales depends on the production volume shown below. The
dividend policy is to pay 30% in dividends. Construct the Production volume

2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 30% in dividends. Construct the Production volume table based on your student ID number as per the instructions shown below. NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. a. What will be the depreciation for 2023? b. What will be the cash and equivalents for 2020? c. What will be the accounts payable for 2021? d. Imagine that the corporation decides to use debt for any external financing, what would be the amount of debt in 2020? (If no net new financing is needed, then answer with a negative number) Exhibit A: Production Valume 1 Market size $10,000.00 10,500.00 11,025.00 11,576.25 12,155.06 12,762.82 2 Market share 10.00% 12.00% 16.00% 19.00% 22.00% 25.00% 3 1,000.00 Production volume (market size x market share) Average sales price 4 $45.00 45.90 46.82 47.75 48.71 49.68 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 2020 2021 2022 2023 2024 Income Statement 1 Sales Revenue $ 45,000.00 2 foss: Cost of Goods Sold $ 36,900.00 3 EBITDA $ 0,100.00 4 les: Depreciation Expense S 4500.00 5 EBIT $ 3,600.00 $ 800.00 6 les Interest and Other Expenses 7 PRE-TAX INCOME $ 2,800.00 less: Income Tax $ 1.120.00 9 NET INCOME 5 1,680.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 2020 2021 2022 2023 2024 Balance Sheet 1 ASSETS 2 7,200.00 Cash and Equivalent Acoounts Receivable 3 $ 6,300.00 4 Inventory S 7,660.00 5 CURRENT ASSETS $ 21.150.00 G Property, Plant and Equipment 5 29.700.00 7 TOTAL ASSETS $ 50,850.00 8 LIABILITIES AND EQUITY 9 Accounts Payable 10,350.00 10 CURRENT LIABILITIES $ 10,350.00 $ 8,000.00 11 Long-Term Debt 12 TOTAL LIABILITIES S 18,350,00 13 STOCKSHOLDER'S EQUITY $ 32,500.00 14 Retained Earnings $ 15 TOTAL EQUITY 32,500.00 16 TOTAL LIABILITIES AND EQUITY $ $ 50,850.00

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