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plug variable is dividend. dividend is a payment so it is a negative amount but as written enter all amount in positive , dividend amount is written positive
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Income Statement Sales $ 29,700 Costs 22,020 Balance Sheet Assets $24,850 Debt Equity $ 6,350 18,500...
Income Statement Sales $ 46,100 Costs 39,630 Balance Sheet Assets $24,300 Debt $ 6,300 Equity 18,000...
Income Statement Sales $ 46,100 Costs 39,630 Balance Sheet Assets $24,300 Debt $ 6,300 Equity 18,000 Net income $ 6,470 Total $24,300 Total $24,300 The company has predicted a sales increase of 10 percent. It has predicted that every item on the balance sheet will increase by 10 percent as well. Create the pro forma statements and reconcile them. (Input all answers as positive values. Do not round intermediate calculations.) Assets Pro forma income statement Sales Costs Net income Pro...
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement...
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement ♡ Balance Sheet Sales $33,600 Assets $24,350 Debt $ 6,850 Costs 27,800 Equity 17,500 Net income $ 5,800 Total $24,350 Total $24,350 The company has predicted a sales increase of 20 percent. It has predicted that every item on the balance sheet will increase by 20 percent as well. Create the pro forma statements and reconcile them. (Input all answers as positive values. Do...
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement...
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement Sales Costs Balance Sheet $40,000 Assets $26,000 Debt $ 7,000 Equity 19,000 34,160 Net income 5,840 Tot$26,000 Total $26,000 The company has predicted a sales increase of 20 percent. It has predicted that every item on the balance sheet will increase by 20 percent as well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate...
S04-01 Pro Forma Statements [LO1] Consider the following simplified financial statements for the Wims Corporation (assuming...
S04-01 Pro Forma Statements [LO1] Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes) Income Statement Sales $38,000 Balance Sheet Assets $27,300 Debt 6,700 Equity 20,600 Costs 32,600 Net income 5,400 Total $27,300 Total $27,300 The company has predicted a sales increase of 15 percent. It has predicted that every item on the balance sheet will increase by 15 percent as well Create the pro forma statements and reconcile them. (Input all amounts as positive...
Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,907...
Assets and costs are proportional to sales. Debt and equity are
not. A dividend of $2,907 was paid, and the company wishes to
maintain a constant payout ratio. Next year’s sales are projected
to grow by 25%.
1. What is the pro-forma value for equity?
(Round answer to 2 decimal places. Do not round intermediate
calculations. Also, do not calculate the numbers given in the
income statement and balance sheet, such as the Taxes and Net
income. Take them as...
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Balance Sheet...
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Balance Sheet Income Statement Sales Costs $33,600 Assets $24,350 Debt 6,850 17,500 27,800 Equity Net income 5,800 Total $24,350 Total $24,350 The company has predicted a sales increase of 20 percent. Assume Yoo pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not Prepare the pro forma statements. (Input all amounts...
Consider the following recent financials for XYZ Corporation: Income Statement Balance Sheet Sales 73,802 Assets 209,087...
Consider the following recent financials for XYZ Corporation: Income Statement Balance Sheet Sales 73,802 Assets 209,087 Debt 38,278 Costs 44,281 Equity 170,809 EBIT 29,521 Taxes @ 38% 11,218 Total 209,087 Total 209,087 Net Income 18,303 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,907 was paid, and the company wishes to maintain a constant payout ratio. Next year’s sales are projected to grow by 25%. What is the pro-forma value for equity?...
Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes): Income Statement...
Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $ 46,900 Assets $ 22,700 Debt $ 6,700 Costs 41,140 Equity 16,000 Net income $ 5,760 Total $ 22,700 Total $ 22,700 The company has predicted a sales increase of 18 percent. Assume Fire pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. Prepare the...
Consider the following recent financials for XYZ Corporation: Income Statement Balance Sheet Sales 72,429Assets 178,884 Debt...
Consider the following recent financials for XYZ Corporation: Income Statement Balance Sheet Sales 72,429Assets 178,884 Debt 44,955 Costs 43,457 Equity 133,929 EBIT 28,972 Taxes @ 38% 11,009 Total 178,884Total 178,884 Net income|17963 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2.57 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,577 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are...
2. Income Statement Sales Costs Balance Sheet $25,400 Assets $61,000 Debt $26,900 Equity 34,100 17,300 Taxable...
2.
Income Statement Sales Costs Balance Sheet $25,400 Assets $61,000 Debt $26,900 Equity 34,100 17,300 Taxable 8,100 Total $61.000 Total $ 61000 income Taxes (21%) 1701 Net incomes 6,399 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,100 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $29,210. What is the external financing needed? (Do not round intermediate calculations.)
Income Statement Sales $ 46,100 Costs 39,630 Balance Sheet Assets $24,300 Debt $ 6,300 Equity 18,000 Net income $ 6,470 Total $24,300 Total $24,300 The company has predicted a sales increase of 10 percent. It has predicted that every item on the balance sheet will increase by 10 percent as well. Create the pro forma statements and reconcile them. (Input all answers as positive values. Do not round intermediate calculations.) Assets Pro forma income statement Sales Costs Net income Pro...
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement ♡ Balance Sheet Sales $33,600 Assets $24,350 Debt $ 6,850 Costs 27,800 Equity 17,500 Net income $ 5,800 Total $24,350 Total $24,350 The company has predicted a sales increase of 20 percent. It has predicted that every item on the balance sheet will increase by 20 percent as well. Create the pro forma statements and reconcile them. (Input all answers as positive values. Do...
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement Sales Costs Balance Sheet $40,000 Assets $26,000 Debt $ 7,000 Equity 19,000 34,160 Net income 5,840 Tot$26,000 Total $26,000 The company has predicted a sales increase of 20 percent. It has predicted that every item on the balance sheet will increase by 20 percent as well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate...
S04-01 Pro Forma Statements [LO1] Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes) Income Statement Sales $38,000 Balance Sheet Assets $27,300 Debt 6,700 Equity 20,600 Costs 32,600 Net income 5,400 Total $27,300 Total $27,300 The company has predicted a sales increase of 15 percent. It has predicted that every item on the balance sheet will increase by 15 percent as well Create the pro forma statements and reconcile them. (Input all amounts as positive...
Assets and costs are proportional to sales. Debt and equity are
not. A dividend of $2,907 was paid, and the company wishes to
maintain a constant payout ratio. Next year’s sales are projected
to grow by 25%.
1. What is the pro-forma value for equity?
(Round answer to 2 decimal places. Do not round intermediate
calculations. Also, do not calculate the numbers given in the
income statement and balance sheet, such as the Taxes and Net
income. Take them as...
Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Balance Sheet Income Statement Sales Costs $33,600 Assets $24,350 Debt 6,850 17,500 27,800 Equity Net income 5,800 Total $24,350 Total $24,350 The company has predicted a sales increase of 20 percent. Assume Yoo pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not Prepare the pro forma statements. (Input all amounts...
Consider the following recent financials for XYZ Corporation: Income Statement Balance Sheet Sales 72,429Assets 178,884 Debt 44,955 Costs 43,457 Equity 133,929 EBIT 28,972 Taxes @ 38% 11,009 Total 178,884Total 178,884 Net income|17963 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2.57 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,577 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are...
2.
Income Statement Sales Costs Balance Sheet $25,400 Assets $61,000 Debt $26,900 Equity 34,100 17,300 Taxable 8,100 Total $61.000 Total $ 61000 income Taxes (21%) 1701 Net incomes 6,399 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,100 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $29,210. What is the external financing needed? (Do not round intermediate calculations.)
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