Forecasting Pro Forma Financial Statements:

Please, the numbers are in the attachment

CASE 9–1: Forecasting Pro Forma Financial Statements: Refer to the following financial statements for Kodak:

Please, find the statement in the attachment

Required:

Prepare forecasts of its income statement, balance sheet, and statement of cash flows for 20×7 under the following assumptions:

• a. All financial ratios remain at 20×6 levels.
• b. Kodak will not record restructuring costs for 20×7.
• c. Taxes payable are at the 20×6 level of $544 million.
• d. Depreciation expense charged to SG&A is $765 million and $738 million for 20×6 and 20×5, respectively.
• e. Gross PPE is $12,982 million and $12,963 million for 20×6 and 20×5, respectively.
• f. Projected current maturities of long-term debt are $13 million for 20×7.

References:

K. R. Subramanyam, J. J. (2009). Financial Statement Analysis 10th edition. New York: McGraw-Hill/Irwin

---

Forecasting Pro Forma Financial Statements: was first posted on July 10, 2019 at 5:56 am.
©2019 “nursingassignmenttutor.com”. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at ukbestwriting@gmail.com

---

Forecasting Pro Forma Financial Statements: was first posted on July 10, 2019 at 5:57 am.
©2019 “Custom Essay Writers“. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at support@cheapcustomwriting.com