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1. Your company had sales of $120,281 this year and cost of goods sold of $80,927. The company's depreciation was 7,236, the Net Income was

1. Your company had sales of $120,281 this year and cost of goods sold of $80,927. The company's depreciation was 7,236, the Net Income was 16,732. Cash was 25,223. Accounts Receivable was 11,646 and Inventory was 3,526 You forecast sales to increase to $144,828 next year. Using the percent of sales method, forecast next years cost of goods sold?

a. Your company had sales of $107,434 this year and cost of goods sold of $76,841. The company's depreciation was 7,350, the Net Income was 15,214. Cash was 24,598. Accounts Receivable was 12,287 and Inventory was 4,675. You forecast sales to increase to $136,985 next year. Using the percent of sales method, forecast next years Accounts receivable?

b. Your company had sales of $111,799 this year and cost of goods sold of $70,354. The company's depreciation was 6,637, the Net Income was 15,097. Cash was 24,782. Accounts Receivable was 8,893 and Inventory was 3,905. You forecast sales to increase to $141,106 next year. Using the percent of sales method, forecast next years Inventory

c. Your company had sales of $119,455 this year and cost of goods sold of $81,627. The company's depreciation was 8,418, the Net Income was 19,607. Cash was 23,812. Accounts Receivable was 9,393 and Inventory was 4,895. You forecast sales to increase to $136,923 next year. Using the percent of sales method, forecast next years Cash?

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