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1. What does the company report for the following items for the most current fiscal year: Enter your answer in millions. a. Current assets 28,477
1. What does the company report for the following items for the most current fiscal year: Enter your answer in millions. a. Current assets 28,477 b. Current liabilities 23,166 c. Net Sales 132,110 d. Cost of Goods Sold 87,257 e. Operating Expenses 26,575 2. Assume that the company projects the following: Sales, cost of goods sold, and operating expenses will grow by 1% in the next fiscal year. Current assets will increase by $2,000 million. . Current liabilities will increase by $3,000 million Provide the next year's forecasted balances for current assets, current liabilities, net sales, cost of goods sold and operating expenses. Round your answer to the nearest million a. Current assets 30,477 b. Current liabilities 26,166 c. Net Sales 133,431. X d. Cost of Goods Sold $ 88,129.5 X e. Operating Expenses 26,840.7 X 4. Calculate the company's current ratio for the next fiscal year. Round your answer to two decimal places. 1.16 5. Calculate the company's gross margin for the next fiscal year. million I 6. Calculate the company's income from operations for the next fiscal year. million
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