Ste by step

Chapter5_Problems.docx 2. NVIDIA Corp. financial statements are presented below. Analysts forecast that its 2018 sales will be $8,260, The expected 2018 tax rate will be 17.35%. Assume the firm pays 5% interest on short-term debt and 7% on long term debt. c) Use your judgement to forecast the items on the income statement and balance sheet with the percent of sales method. What is the discretionary financing needed in 2018? Is this a surplus or deficit? Assume that the dividends per share will be S0.54 and the number of shares will be the same as in 2017 d) Assume that DFN will be absorbed by long-term debt and Chapter5_Problems.docx 2. NVIDIA Corp. financial statements are presented below. Analysts forecast that its 2018 sales will be $8,260, The expected 2018 tax rate will be 17.35%. Assume the firm pays 5% interest on short-term debt and 7% on long term debt. c) Use your judgement to forecast the items on the income statement and balance sheet with the percent of sales method. What is the discretionary financing needed in 2018? Is this a surplus or deficit? Assume that the dividends per share will be S0.54 and the number of shares will be the same as in 2017 d) Assume that DFN will be absorbed by long-term debt and