Question: Start with the partial model in the file Ch15 P13 Build a Modelxlsx J Clark Inc JCI a manufacturer and distributor of sports equipment has

Start with the partial model in the file Ch15 P13 Build a Modelxlsx J Clark Inc JCI a manufacturer and distributor of sports equipment has grown until it has become a stable mature company Now JCI is planning its first distribution to shareholders See the file for the most recent years financial statements and projections for the next year 2022 JCIs fiscal year ends on June 30 JCI plans to liquidate and distribute 700 million of its shortterm securities on July 1 2022 the first day of the next fiscal year but it has not yet decided whether to distribute with dividends or with stock repurchases

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