Please answer all six questions, I will submit and thumbs up if correct. Thank you!

1. Use the inform ation above. What is proforma

COGS?

2. Use the information above . What is proforma net

sales ?

3. Use the information above. What is proforma

accounts receivable?

4. Use the information above. What is proforma

gross fixed assets ?

5.Use the information above. What is the proforma long-term bank loans?

6.Use the information above. What is proforma

retained earnings?

please answer all 6

Rroforma assumptions: Net sales will decline by 15 percent; interest experise is $83. depreciation expense is 8.5 percent of proformT gross fixed assets. Prepaid expenses in the balance sheet and other income statement expenses would remain at the same proportion of sales as in base year. Proforma rear AP dars, intentort days and ACP are same as those in base year. Gross fixed asset investment will increase by $178 and it will be financed percent. Proforma net income it $567. proforma year will be same as in base year Proforma parout ratio is 53