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Business, 18.03.2021 01:50 alexabdercmur

Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $ 30,900 Assets $ 25,450 Debt $ 6,950 Costs 23,060 Equity 18,500 Net income $ 7,840 Total $ 25,450 Total $ 25,450 The company has predicted a sales increase of 12 percent. It has predicted that every item on the balance sheet will increase by 12 percent as well. Create the pro forma statements and reconcile them. (Input all answers as positive values. Do not round intermediate calculations.)

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Consider the following simplified financial statements for the Wims Corporation (assuming no income...
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