Reference no: EM132546294
Choose a publicly traded company on which to focus, modeled on the Walmart analysis
Question 1: Project an income statement for next year for the firm based on your assessment of revenue growth, key projected financial ratios, and any other key assumptions, making sure to justify any assumptions.
1. What is your projection for net income and how does it compare with the previous year?
2. Based on your assessment of anticipated dividends, what is your projection for a change in retained earnings?
Question 2: Project a balance sheet for next year for the firm based on your assessment of the change in retained earnings, key projected financial ratios, and any other key assumptions, making sure to justify any assumptions. Use external borrowing as your balancing "plug." What is your assessment of the firm's financial needs?
Question 3: Based on your projection of financial needs, what recommendation would you make to the firm-for example, how to meet increased financing needs or what to do with excess financial capacity?