a Assume that Universal plans to purchase $ in fixed assets during and to dispose of no fixed assets during Universal Products Company has almost finished its pro forma financial statements for as shown next.
tableFinancial Stater,tableUniversal Productments and ProINCOME STATEActualtable CompaFormaEMENTtable$tablethousandsForecastSales$$Cost of goods sold,,Operating expense,Depreciation expense,,Interest expense,Earnings before tax,,TaxNet income,?,$$
What would be its forecast for net fixed assets in
b Assume that Universal plans to have a dividend payout ratio of percent in and will neither sell nor repurchase equity
during What would be its forecast for owner's equity in
c Given the assumptions in questions a and b what is Universal's projected external funding required for
