(Solved): QUESTION 6 Putra Gemilang Bhd is planning for is business expansion for the year 2014. The company' ...

QUESTION 6 Putra Gemilang Bhd is planning for is business expansion for the year 2014. The company's balance sheet is as follows: Using the percent of sales method, construct a pro forma baiance sheet for Putra Gemilang Bhd and estimate if the company requires any additional funds to finance its expansion in 2014 based on the following information: 1) The company was operating at full capacity in 2013. i) Sales are expected to increase by 20 percent to be RM1 million in 2014. iii) Net profit margin of \( 7.5 \) percent and dividend payout ratio of 70 percent are expected to be maintained in 2014.