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a through g (all apart of one question) Jim's Espresso expects sales to grow by 0 8% next year. Using the following statements 18 and

a through g (all apart of one question)
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Jim's Espresso expects sales to grow by 0 8% next year. Using the following statements 18 and the percent of sales method, forecast: a. Costs b. Depreciation o. Net Income d. Cash e. Accounts receivable Inventory . Property plant and equipment (Note: Make sure to round all intermediate calculations to at least five decimal places The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) However, we will snolude depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career B be C Income Statement Sales $199,190 Costs Except Depreciation (99,180) EBITDA $100,010 Depreciation (5,990) EBIT $94,020 Interest Expense (net) (350) Pretax Income $93,670 Income Tax (23,418) Net Income $70,252 A B 1 Balance Sheet 2 Assets 3 Cash and Equivalents $15,060 4 Accounts Receivable 1980 5 Inventories 3920 6 Total Current Assets $20,960 7 Property, plant and Equipment 9970 8 Total Assets $30,930 9 10 Liabilities and Equity 11 Accounts Payable $1,460 12 Debt 4070 13 Total Liabilities $5,530 14 Stockholders' Equity 25400 15 Total Liabilities and Equity $30,930 16 17

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