FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please see information attached to answer below questions. Preferrably in Excel.
a1. Produce an income statement for 2020. Assume that net
a2. Produce a
b. Now assume that the balancing item is debt and that no equity is to be issued. Prepare a completed pro forma balance sheet for 2020.
c. Assume that the balancing item is debt and that no equity is to be issued, what is the projected debt ratio for 2020?
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