1. Prepare proforma income statement and balance sheet for 2014. 2. Computing financial ratios 3. Preparing statements...

Question:

1. Prepare proforma income statement and balance sheet for 2014.

2. Computing financial ratios

3. Preparing statements of cash flows

The quantitative solution to the case is provided in an excel spreadsheet on the instructior website. If you have any questions, feel free to email or call Bill Petty at bill_petty@baylor.edu; office 254-710-2260; cell 254-723-6742.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...