Question: Using the information above, prepare pro forma statements for Toys for You for the three months ending September and December 2 0 XY . Also

Using the information above, prepare pro forma statements for Toys for You for the three
months ending September and December 20XY. Also construct a cash budget for the six-
month period and identify any need for short-term financing. There are no changes in
accounts not mentioned above. Comment on the policy changes and examine the
consequences if the collection period remains at 60 days. Assume capital assets are
sufficient for increased sale.
Using the information above, prepare pro forma statements for Toys for

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