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Business, 19.07.2021 21:10 hixcatt05

Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $19,000 Assets $9,300 Debt $5,800 Costs 13,400 Equity 3,500 Net income $5,600 Total $9,300 Total $9,300 The company has predicted a sales increase of 9 percent. It has predicted that every item on the balance sheet will increase by 9 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here

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