Cheryl Colby, CFO of Charming Florist Ltd., has created the firm's pro forma balance sheet for the
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Question:
a. Construct the current balance sheet for the firm using the projected sales figure.
b. Based on Ms. Colby's sales growth forecast, how much does Charming Florist need in external funds for the upcoming year?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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