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Based on Jim's expectation of 10.1% sales growth and payout ratio of 88.96% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? Click the icon to view the pro forma financial statements.

Based on Jim's expectation of 10.1% sales growth and payout ratio of 88.96% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? Click the icon to view the pro forma financial statements.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Sales are $221466 please dont do handwritten at all. Solve or you may also use excel .

Based on Jim's expectation of 10.1% sales growth and payout ratio of 88.96% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? Click the icon to view the pro forma financial statements. (Select from the drop-down menu.) The total new required financing will be $4529. (Round to the nearest dollar.)
Transcribed Image Text:Based on Jim's expectation of 10.1% sales growth and payout ratio of 88.96% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? Click the icon to view the pro forma financial statements. (Select from the drop-down menu.) The total new required financing will be $4529. (Round to the nearest dollar.)
Statements Pro Forma Financial Statements Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income Balance Sheet $221,466 Assets (109,439) Cash and Equivalents $112,027 Accounts Receivable (6,661) Inventories $105,366 (484) $104,882 (36,709) $68,173 Print Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Done $16,581 2,279 4,459 $23,319 11,054 $34,373 19 $1,696 4,020 $5,716 $33 186. X
Transcribed Image Text:Statements Pro Forma Financial Statements Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income Balance Sheet $221,466 Assets (109,439) Cash and Equivalents $112,027 Accounts Receivable (6,661) Inventories $105,366 (484) $104,882 (36,709) $68,173 Print Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Done $16,581 2,279 4,459 $23,319 11,054 $34,373 19 $1,696 4,020 $5,716 $33 186. X
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