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Analyze, Forecast, and Interpret Income Statement and Balance Sheet Following are the income statement and balance sheet of ADP Inc. - CAPEX for 2020 will
Analyze, Forecast, and Interpret Income Statement and Balance Sheet Following are the income statement and balance sheet of ADP Inc. - CAPEX for 2020 will be 1.17 of of total revenue, and depreciation will be $92.2 million. - Goodwill, lang-term debt, preferred stock, common stock, and Accumulated other comprehensive loss will not change for the year, - The company will acquire intangibles equal to 2.9 o of total revenues and will record amortization expense of $138.1 million. - Income taxes will be 25\% of pretax income and income taxes payable will be 7.7% of 2020 tax expense. - The company will continue its scock repurchases. DP will repurchase $375 million of treasury stock. - Dividends will be \$\$94.70 in 202D, and dividends payable will be 26.35 of dindends. Prepare a forecast of FY2020 statement of cash flows. Note: Round your answers to one decimal place (for example, enter 14.6 for 14.55555 ]. Analyze, Forecast, and Interpret Income Statement and Balance Sheet Following are the income statement and balance sheet of ADP Inc. - CAPEX for 2020 will be 1.17 of of total revenue, and depreciation will be $92.2 million. - Goodwill, lang-term debt, preferred stock, common stock, and Accumulated other comprehensive loss will not change for the year, - The company will acquire intangibles equal to 2.9 o of total revenues and will record amortization expense of $138.1 million. - Income taxes will be 25\% of pretax income and income taxes payable will be 7.7% of 2020 tax expense. - The company will continue its scock repurchases. DP will repurchase $375 million of treasury stock. - Dividends will be \$\$94.70 in 202D, and dividends payable will be 26.35 of dindends. Prepare a forecast of FY2020 statement of cash flows. Note: Round your answers to one decimal place (for example, enter 14.6 for 14.55555 ]
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