Question: Construct the pro forma income statement and balance sheet. What is the total debt necessary to balance the pro forma balance sheet ales growth ax

Construct the pro forma income statement and balance sheet. What is the total debt necessary to balance the pro forma balance sheet

ales growth ax rate 2096 34% Income Statement Sales s 780,000.00 415,000.00 135,000.00 68,000.00 S 162,000.00 55,080,00 Costs Interest Taxable income Taxes Net income Dividends 30,000.00 Additions to retained earnings S 76,920.00 Balance Sheet Assets Liabiliries and Equity Current assets Net fixed assets Total assets S 240,000.00 Total debt S 830,000.00 710,000.00 $1,590,000.00 Ouners' equity $1,590,000.00 Total debt and equity Calculate each of the parameters necessary to construct the pro forma balance sheet Construct the pro forma balance sheet. What is the total debt necessary to balance the pro forma balance sheet? this financial planning model show that it is possible to solve algebraically txt RAppwtof new borrowing

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