Problem

Table presents a computer spreadsheet for estimating R&E Supplies' external financ...

Table presents a computer spreadsheet for estimating R&E Supplies' external financing required for 2012. The text mentions that, with modifications to the equations for equity and net sales, the forecast can easily be extended through 2013. Write the modified equations for equity and net sales.

TABLE Forecasting with a Computer Spreadsheet: Pro Forma Financial Forecast for R&E Supplies, Inc., December 31, 2012 ($ thousands)

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Solutions For Problems in Chapter 3