Calculate the first-stage pro forma financial statements

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Reference no: EM131790039

ABC company financial manager believes that sales in 2012 could raise by as much as 20% or by little as 5%.

Initial Growth Rate 20%
Second Growth Rate 5%

a. Recalculate the first-stage pro forma financial statements under these two assumptions and calculate the required external financing(All figures are in thousands.) (Enter your answers in thousands.)

b. Assume any required external funds will be raised by issuing long-term debt and that any surplus funds will be used to retire such debt. Prepare the completed (second-stage) pro forma balance sheet

Attachment:- Book.xlsx

Reference no: EM131790039

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