At the end of last year, F Company had revenue of $2000, net income of $400.

At the end of last year, F Company had revenue of $2000, net income of $400. assets totaling$1000 and their only liability was debt in the amount of $400( therefore equity=$600)。 Assuming sales and cost grow 15% this year, and all assets grow at the same rate as sales, prepare pro forma balance sheet for each of these two scenarios.

1. Assume no dividend will be paid. Determine the amount of debt and equity to make the balance tie out ( total assets= total liabilities+ equity)

2. Assume dividends will be paid and that equity will grow at the same rate as sales. determine the amount of debt and equity  to make the balance sheet tie out.

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