FM27 13 - liabilities $ 734.6 Fixed assets 750.0 Long-term...

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Answers and Solutions: 27 - 13 d. Pro Forma Balance Sheet (Thousands of Dollars): Cash a $ 126.9 Accounts payable $ 250.0 Accounts receivable 450.0 Notes payable b 434.6 Inventory 750.0 Accruals 50.0 Prepaid interest 57.7 Total current Total current assets $1,384.6
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Unformatted text preview: liabilities $ 734.6 Fixed assets 750.0 Long-term debt 150.0 Common equity 1,250.0 Total assets $2,134.6 Total claims $2,134.6 a $384,615(0.2) = $76,923 = Compensating balance. Cash = $50 + $76.923 = $126.9. b Notes payable = $50 + $384.6 = $434.6....
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