Question: Using the information in the balance sheet for March 3 1 , 1 9 8 6 ( Exhibit 2 ) , and the fiscal year

Using the information in the balance sheet for March 31,1986(Exhibit 2), and the fiscal year 1987 budgets (Exhibits 3 and 4), prepare a projected balance sheet for Hanson Ski Products for March 31,1987.(To do this, you will need to estimate the size of the commercial bank loan -"Notes-bank"-on that date.) Does your balance sheet tell you whether or not the plans on which the budgets are based are feasible?
Using the information in the balance sheet for

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