Question: THE HIGHLIGHTED RED IS WRONG. INCLUDE FORMULAS HEIR JORDAN CORPORATION Pro Forma Balance Sheet Assets Current assets Cash Accounts Receivable Inventory Total Fixed assets Net




THE HIGHLIGHTED RED IS WRONG. INCLUDE FORMULAS
HEIR JORDAN CORPORATION Pro Forma Balance Sheet Assets Current assets Cash Accounts Receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock \& Paid-in Capital Retained earnings Total Equity Total liabilities and Owners' equity Growth in assets External financing needed Internal equity financing Spontaneous debt (A/P) External debt (excludes A/P) Output areas: Outnut areas HEIR JORDAN CORPORATION Pro forma income statement Sales Costs Taxable income Taxes Net income Dividends Add. To Ret. Earnings HEIR JORDAN CORPORATION Pro Forma Balance Sheet Assets Current assets Cash Accounts Receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' equity Current liabilities Accounts payable Notes payable Total Long-term debt \$ 28,000.00 Owners' equity Common stock \& Paid-in Capital Retained earnings Total Equity Total liabilities and Owners' equity HEIR JORDAN CORPORATION Pro Forma Balance Sheet Assets Current assets Cash Accounts Receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock \& Paid-in Capital Retained earnings Total Equity Total liabilities and Owners' equity Growth in assets External financing needed Internal equity financing Spontaneous debt (A/P) External debt (excludes A/P) Output areas: Outnut areas HEIR JORDAN CORPORATION Pro forma income statement Sales Costs Taxable income Taxes Net income Dividends Add. To Ret. Earnings HEIR JORDAN CORPORATION Pro Forma Balance Sheet Assets Current assets Cash Accounts Receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' equity Current liabilities Accounts payable Notes payable Total Long-term debt \$ 28,000.00 Owners' equity Common stock \& Paid-in Capital Retained earnings Total Equity Total liabilities and Owners' equity
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