QUESTION 7 "Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Total Liabilities for 2023? Express the numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000" QUESTION 8 "Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Shareholder's Equity for 2023? Express the numerical terms of your answer completely. For example: if your answer is one million dollars, write: 1000000.

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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QUESTION 7
"Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Total Liabilities for 2023? Express the
numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000."
QUESTION 8
"Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Shareholder's Equity for 2023?
Express the numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000.
Transcribed Image Text:QUESTION 7 "Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Total Liabilities for 2023? Express the numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000." QUESTION 8 "Before making additional balancing adjustments to the Balance Sheet, what is the forecasted value of Shareholder's Equity for 2023? Express the numerical terms of your answer completely. For example: If your answer is one million dollars, write: 1000000.
Table 1
Income Statement, 2022
Sales
Costs except Depr.
EBITDA
Depreciation
EBIT
Interest Expense
(net)
Pretax Income
Income Tax
Net Income
1,100,000
-850,000
250,000
-9,500
240,500
-300,000
-59,500
16,660
-42,840
Balance Sheet, 2022
Assets
Cash and Equivalents
Accounts Receivable
Inventories
Total Current Assets
Property Plant &
Equipment
Total Assets
Liabilities & Equity
Accounts Payable
Debt
Total Liabilities
Stockholders' Equity
Total Liabilities and
Equity
400,000
290,000
95,000
785,000
200,000
985,000
550,000
600,000
1,150,00
0
-165,000
985,000
Transcribed Image Text:Table 1 Income Statement, 2022 Sales Costs except Depr. EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income 1,100,000 -850,000 250,000 -9,500 240,500 -300,000 -59,500 16,660 -42,840 Balance Sheet, 2022 Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property Plant & Equipment Total Assets Liabilities & Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 400,000 290,000 95,000 785,000 200,000 985,000 550,000 600,000 1,150,00 0 -165,000 985,000
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