a-b

Jim's Espresso expects sales to grow by 10.4% next year. Assume that Jim's pays out 87.07% of its net income. Use the following statements. and the percent of sales method to forecast: a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarly allowed 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. Data table