a. Forma Font Foundry had sales last year of $901 with related
costs of $825. (All amounts are in thousands.) Assets total $1000.
Current liabilities are $375, long-term debt is $300, and owners'
equity is $325. Next years' sales are expected to be 132 times last
year. Ignoring taxes, depreciation, and interest, what is next
year's owners' equity? Assume one-half of profits are distributed
as dividends.
b. Forma Font Foundry had sales last year of $1,000 with related
costs of...