Question: Hello, Could you please help me in completing Pro Forma Balance sheet? Thanks, TA Calculating EFN - Excel 6 - X FILE HOME INSERT PAGE

Hello,

Could you please help me in completing Pro Forma Balance sheet?

Thanks,

TA

Hello, Could you please help me in completing ProHello, Could you please help me in completing Pro
Calculating EFN - Excel 6 - X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri - 11 - A" A" % Paste BIU- - DA- Alignment Number Conditional Format as Cell Cells Editing Formatting * Table Styles Clipboard Font Styles J25 X V A B C D E F G H K N P Consider the following simplified financial statements for the Yoo Corporation. Assume 3 there are no income taxes and the company pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. Prepare the pro forma statements and determine the external financing needed. Income statement Balance sheet Sales $ 36,000 Assets $ 26,400 Deb 6,300 Costs 29,800 Equity 20, 100 Net income $ 6,200 Total $ 26,400 Total $ 26,400 Sales increase 15% Payout rate 50% 15 Complete the following analysis. Do not hard code values in your calculations. 16 17 Pro forma income statement Pro forma balance sheet 18 Sales $ 41,400 Assets $ 30,360 Debt $ 6,300 19 Costs 34,270 Equity 20 Net income $ 7, 130 Total $ 30,360 Total 21 1 Sheet1 + READY 100% Attempt(s) Hint Show Me5 6 Income statement Balance sheet 7 Sela $ 36.000 Assets $ 26.400 Debt $ 6,300 8 Costs 29.800 Equity 20,100 9 Net income $ 6:200 Total $ 26:400 Total $ 26:400 10 11 Sales increase 15% 12 Payout rate 50% 13 14 15 Complete the following analysis. Do not hard code values in your calculations. 16 17 Proforma income statement Pro fonna balance sheet 18 Sales Assets $ 30,360 Debt $ 6,300 19 Costs 34,270 Equity 20 Net income $ 7:130 Total $ 30:360 Total 21 22 Dividends $ 3,565 External nancing needed 23 Add. To RE 3,565 24 E |:.' 26 27 ml . Sheen a: READY ."I -I + 100% Attempt(s) Hint Show Me

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