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Homework answers / question archive / At the most recent strategic planning meeting, the board of directors of your company has voted to issue additional stock to raise capital for major expansions for the company in the next five years
At the most recent strategic planning meeting, the board of directors of your company has voted to issue additional stock to raise capital for major expansions for the company in the next five years. The board is considering $5 billion. Take the most recent financial statements and prepare a set of projected financial statements based on the given assumptions. The CEO requests that you prepare a written report (including the financial statements) for her.
Balance Sheet
Period ending 1/31/2020
Cash and Cash Equivalents $399,000,000
Short-Term Investment $1,100,000,000
Net Receivable $1,710,000,000
Inventory $7,080,000,000
Other Current Assets $522,000,000
Total Current Assets $10,890,000,000
Cash Flows Financing Activities
Period ending 1/31/2020
Sale and Purchase of Stock ($157,000,000)
Net Borrowing ($1,780,000,000)
Other Financing Activities ($46,000,000)
Net Cash Flows Financing ($2,720,000,000)
