Question: Sales = 4 7 3 0 0 Costs = 4 0 6 7 0 Asset = 2 4 9 0 0 debt = 6 9

Sales

= 47300

Costs

= 40670

Asset

= 24900

debt

= 6900

Equity

= 18000

Predicted sales increase of

20 % .

Assume company pays out half of net income in form of a cash dividend. Costs and assets vary with sales but debt and equity dont. Prepare the pro farma statements

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