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Business, 16.07.2019 03:10 ozheng24112
Consider the following simplified financial statements for the wims corporation (assuming no income taxes): income statement balance sheet sales $ 38,400 assets $ 23,100 debt $ 6,100 costs 30,760 equity 17,000 net income $ 7,640 total $ 23,100 total $ 23,100 the company has predicted a sales increase of 8 percent. assume the company 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 as positive values. do not round intermediate calculations and round your answers to the nearest whole dollar amount.)
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Consider the following simplified financial statements for the wims corporation (assuming no income...
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