Complete a pro forma balance sheet.

Solve for:

Current assets:

Net fixed assets:

Total:

Liabilities and Owners Equity:

Accounts payable:

Long-term debt:

Total liabilities:

Common stock:

Paid-in capital:

Retained earnings:

Common equity:

P17-1 (similar to) A Question Help (Financial forecasting) Zapatera Enterprises is evaluating its financing requirements for the coming year. The firm has only been in business for one year, but its CFO predicts that the firm's operating expenses, current assets, net fixed assets, and current liabilities will remain at their current proportion of sales. Last year Zapatera had $12.72 million in sales with net income of $1.22 million. The firm anticipates that next year's sales will reach $15.18 million with net income rising to $2.16 million. Given its present high rate of growth, the firm retains all of its earnings to help defray the cost of new investments. The firm's balance sheet for the year just ended is as follows: BE: Estimate Zapatera's total financing requirements (total assets) and its net funding requirements (discretionary financing needed) for 2014. Note: Use the percentage of sales given in Zapatera Enterprises' balance sheet for 2013. Hint: Make sure to round all intermediate calculations to at least five decimal places. The 2014 retained earnings are $ 2860000 . (Round to the nearest dollar.) Complete the pro forma balance sheet for 2014 below: (Round to the nearest dollar.) Zapatera Enterprises, Inc. Pro forma Balance Sheet 12/31/14 Current assets $ P17-1 (similar to) A Question Help (Financial forecasting) Zapatera Enterprises is evaluating its financing requirements for the coming year. The firm has only been in business for one year, but its CFO predicts that the firm's operating expenses, current assets, net fixed assets, and current liabilities will remain at their current proportion of sales. Last year Zapatera had $12.72 million in sales with net income of $1.22 million. The firm anticipates that next year's sales will reach $15.18 million with net income rising to $2.16 million. Given its present high rate of growth, the firm retains all of its earnings to help defray the cost of new investments. The firm's balance sheet for the year just ended is as follows: BE: Estimate Zapatera's total financing requirements (total assets) and its net funding requirements (discretionary financing needed) for 2014. Note: Use the percentage of sales given in Zapatera Enterprises' balance sheet for 2013. Hint: Make sure to round all intermediate calculations to at least five decimal places. The 2014 retained earnings are $ 2860000 . (Round to the nearest dollar.) Complete the pro forma balance sheet for 2014 below: (Round to the nearest dollar.) Zapatera Enterprises, Inc. Pro forma Balance Sheet 12/31/14 Current assets $