Finacial

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Develop a set of pro forma financials (income statement and balance sheet only) for the next fiscal year-end using the percent-of-sales method. Assume that the company's sales have increased by 15%.for Exxon corp. balance sheet and income statement can be found on the web.Or I can paste them

  • Finacial -

    Based on the financial statement in the annual report for one of the companies you have chosen:
    a. Develop a set of pro forma financials (income statement and balance sheet only) for the next fiscal year-end using the percent-of-sales method. Assume that the company’s sales have increased by 15%.
    b. State what additional assumptions and information that you would need to prepare a cash budget. Angela
    c. Be sure to list the underlying assumptions of your analysis and computations.
    d. Recalculate the same ratios from Week Two using the Microsoft® Excel® Worksheet.
    e. Describe your results and make recommendations to management.

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