Global expects sales to grow by 8% next year. Using the percent of sales method, forecast (see MyFinanceLab for the data in Excel format):

a. Costs except depreciation

b. Depreciation

c. Net income

d. Cash

e. Accounts receivable

f. Inventory 

g. Property, plant, and equipment 

h. Accounts payable 

Use the following income statement and balance sheet for Global Corp.:

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Figures in $ millions Net sales 186.7 Assets Costs Except Depreciation -175.1 Cash 23.2 EBITDA 11.6 Accounts Receivable 18.5 Depreciation and Amortization -1.2 Inventories 15.3 EBIT 10.4 Total Current Assets 57 Interest Income (expense) -7.7 Pretax Income 2.7 Net Property, Plant, and Equipment 113.1 Taxes -0.7 Total Assets 170.1 Net Income 2.0 Liabilities and Equity Accounts Payable 34.7 Long-Term Debt 113.2 Total Liabilities 147.9 Total Stockholders' Equity 22.2 Total Liabilities and Equity 170.1