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11. Global Corp. expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables
11. Global Corp. expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables 1, forecast: a. Costs except depreciation e. Accounts receivable b. Depreciation f. Inventory c. Net income g. Property, plant, and equipment d. Cash h. Accounts payable (Note: Interest expense will not change with a change in sales. Tax rate is 26%.) a. Costs except depreciation The forecasted costs except depreciation will be $ million. (Round to one decimal place and enter all numbers as a positive.) b. Depreciation The forecasted depreciation will be $ million. (Round to one decimal place and enter all numbers as a positive.) c. Net income The forecasted net income will be $ million. (Round to one decimal place.) d. Cash The forecasted cash will be $ million. (Round to one decimal place.) e. Accounts receivable The forecasted accounts receivable will be $ million. (Round to one decimal place.) f. Inventory The forecasted inventory will be $ million. (Round to one decimal place.) g. Property, plant, and equipment The forecasted property, plant, and equipment will be million. (Round to one decimal place.) h. Accounts payable The forecasted accounts payable will be $ million. (Round to one decimal place.) C.lick on the irnnc lncated on the ton-riaht corners of the data tahles helow to conv its contents inte a snreadsheat
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