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Based on Jim's expectation of 10.4% sales growth and payout ratio of 82.42% of net...

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Finance

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Based on Jim's expectation of 10.4% sales growth and payout ratio of 82.42% of net income next year, Jim developed the pro forma financial statements given below. What will be the amount of net new financing needed for Jim's Espresso? 5 Click the icon to view the pro forma financial statements. (Select from the drop-down menu.) The total new v financing will be $(Round to the nearest dollar.) Required /excess Pro Forma Financial Statements Income Statement Balance Sheet Sales $210,787 Assets Costs Except Depreciation (110,047) Cash and Equivalents EBITDA $100,740 Accounts Receivable Depreciation (6,712) Inventories EBIT $94.028 Total Current Assets Interest Expense (net) (640) Property, Plant, and Equipment Pre-tax Income $93,388 Total Assets Income Tax (32,686) Net Income $60,702 Liabilities and Equity. Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $16,516 2,296 4,515 $23,327 10,996 $34,323 $1,634 3,920 $5,554 $36,361 $41,915

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