Question: Problem 4 - 1 Pro Forma Statements [ LO 1 ] Consider the following simplified financial statements for the Furukawa Corporation ( assuming no income
Problem Pro Forma Statements LO
Consider the following simplified financial statements for the Furukawa Corporation assuming no income taxes:
The company has predicted a sales increase of percent. It has predicted that every item on the balance sheet will increase by
percent as well. Create the pro forma statements and reconcile them.
Note: Input all answers as positive values. Do not round intermediate calculations and round your answers to the nearest whole
number, eg
What is the plug variable?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
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