Question: Using Table 7 - 2 , create a pro forma balance sheet using the percentage of sales method. Using Table 7 - 2 , what

Using Table 7-2, create a pro forma balance sheet using the percentage of sales method.
Using Table 7-2, what is required new financing if next years sales forecast increases to $400,000, profit margin is 10 percent, and the payout ratio is 90 percent?
Using Table 7-2, create a pro forma balance sheet using the

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