-Please refer to the spreadsheet above.Selected assumptions are given for preparing pro forma financial statements for 2015.Assume that no new equity will be issued in 2015.When the pro formas are completed,which of the following formulas would correctly give the forecast for shareholders' equity in cell G19?
Definitions:
Price Floor
A government or regulatory imposed minimum price above which a particular good or service cannot be traded.
Shortage/Surplus
A market condition where the quantity of a good supplied is less/more than the quantity demanded at the market price.
Price Ceiling
A price ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from prices that are deemed too high.
Shortage/Surplus
A shortage occurs when demand exceeds supply, whereas a surplus happens when supply exceeds demand.
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