Question: PLEASE I NEED A CORRECT ANSWER. NO COPY-PASTING FROM OTHER CHEGG ANSWERS Prepare forecasts of the financial statements (income statement and balance sheet) for United

PLEASE I NEED A CORRECT ANSWER. NO COPY-PASTING FROM OTHER CHEGG ANSWERS

Prepare forecasts of the financial statements (income statement and balance sheet) for United Airlines Holdings, Inc. (ticker: UAL) and Spirit Airlines Inc. (ticker: SAVE) for the next fiscal year (2022). Assume the most recent (as of 2021 fiscal year financial statements) ratios of main accounts (in the income statement and asset side of the balance sheet) to sales remain largely the same. Make your best belief assumptions about sales growth for each of the two firms for the next year (2022). You can assume pre-pandemic level of sales growth, use the average sales growth from 2018 until 2021 as your prediction for 2021 2022 growth, or propose an assumption of your own. Make sure the balance sheet is balanced.

Question A: What are expected earnings of each company in the subsequent fiscal year (2022)?

Question B: How much external capital would each company need in the subsequent fiscal year (2022)?

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