Forecast the firm’s financial statements for 2016 and 2017?

What will be the external financing requirements of the firm in those years? Can the firm repay its loan within a reasonable period?

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Sales Operating expenses: Production costs and expenses Admin, and selling expenses Depreciation Total operating expenses Operating profit Interest expense Earnings before taxes Income taxes Net earnings 2012 71,924 33,703 16,733 8,076 58,512 13,412 3,487 9,925 2,430 7,495 Dividends to all common shares Retentions of earnings "The expected corporate tax rate was 24.5% 2,000 5,495 (SGD 000) 2013 80,115 38,393 17,787 9,028 65,208 14,907 3,929 10,978 2,705 8,273 2014 2015 92,613 106,042 46,492 53,445 21,301 24,633 10,392 11,360 78,185 89,438 14,428 6,227 8,201 1,925 6,276 16,604 7,614 8,990 2,220 6,770 2,000 2,000 2,000 6,273 4,276 4,770 Sales Operating expenses: Production costs and expenses Admin, and selling expenses Depreciation Total operating expenses Operating profit Interest expense Earnings before taxes Income taxes Net earnings 2012 71,924 33,703 16,733 8,076 58,512 13,412 3,487 9,925 2,430 7,495 Dividends to all common shares Retentions of earnings "The expected corporate tax rate was 24.5% 2,000 5,495 (SGD 000) 2013 80,115 38,393 17,787 9,028 65,208 14,907 3,929 10,978 2,705 8,273 2014 2015 92,613 106,042 46,492 53,445 21,301 24,633 10,392 11,360 78,185 89,438 14,428 6,227 8,201 1,925 6,276 16,604 7,614 8,990 2,220 6,770 2,000 2,000 2,000 6,273 4,276 4,770

Answer rating: 100% (QA)

2016 Financial Statements Sales 120287 Operating expenses Production costs and expenses 62739 Admin ... View the full answer