Business, 09.10.2019 20:00, lpssprinklezlps

Consider the following simplified financial statements for the yoo 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.

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