Problem
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 million. 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.
Questions
Generate a projected income statement based on the given scenario.
Analyze the impact on the income statement based on the given scenario.
For the company Apple Inc. Use Nasdaq for statements.