Business, 06.10.2019 06:30 cjulius9437

Consider the following simplified financial statements for the yoo corporation (assuming no income taxes):

income statement balance sheet
sales $45,700 assets $21,900 debt $5,900
costs 40,100 equity 16,000
net income $5,600 total $21,900 total $21,900
the company has predicted a sales increase of 6 percent. it has predicted that every item on the balance sheet will increase by 6 percent as well.

create the pro forma statements and reconcile them.

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Consider the following simplified financial statements for the yoo corporation (assuming no income t...

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