Question: help with it all and I will like if you are correct thank you soooo much! Morrissey Technologies inc: Batance Sheet as of December 31,




Morrissey Technologies inc: Batance Sheet as of December 31, 2021 Morrissey Technologies Inc.: Pro Forma Balance Sheet as of December 31, 2022 Assets Cash Receivables Inventories Total current assets Fixed assets Total assets Llabiries and Equily Accounts payable Accrued liabilities Notes payable Total current labilities Lonoterm debt Total liabilities \begin{tabular}{l} \hline$ \\ \hlines \\ \hline \end{tabular} Common stock Retained earninos Total common equity 5 5 s 5 Suppose that in 2022 , sales increase by 15% over 2021 sales. The Srm currenfly has 100,000 shaves outstandino it expects bo maintain its 2021 dikdend pavout average.) The frm will raise 30 W of the 2022 forecasted interest bearing debt as notes payable, and it will iswe long werm bonds for the remainder. The tirm be made at the fims current stock price of $74 a. Construct the forecasted financial statements assuming that these changes are made. What are the firm's forecasted notes payable and iong-term de balances? What is the forecasted addition to retained earnings? Round your answers to the nearest cent b. If the profit margin remains at 3.75% and the dividend payot 2 ratio remains at 60%, at what orowh rate in safes will the additional Anancing requireme be exactly zero? in other words, what is the firms sustainable growth rale? (Hint SetAFN equal to zero and solwi for of Round your aniswer to two decimal piaces
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