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ANSWER QUESTION C (net income) ONLY THANK you!! will give thumbs up!! ANSWER QUESTION C(Net Income) ONLY PLEASE!!! Data Table Click on the icons located
ANSWER QUESTION C (net income) ONLY THANK you!! will give thumbs up!!
ANSWER QUESTION C(Net Income) ONLY PLEASE!!! Data Table Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet Income Statement ($ million) Balance Sheet (5 million) Net Sales 186.9 Assets Couts Except Depreciation -1744 Cash 23.7 EBITDA 125 Accounts Receivable 173 Depreciation and Amortization -13 Inventories 15.4 EBIT 112 Total Curront Assets 56.4 Interest income (expense) -7.7 Net Property. Plant, and 112.8 Equipment Pre-tax Income 35 Total Assets 1692 Taxes (20%) -0.9 Net Income 2.6 Liabilities and Equity Accounts Payable 34.9 Long-Term Debt 1125 Total Liabilities Total Stockholders' Equity 21.8 Total Liabilities and Equity 1692 14714 Print Done wobal Corp expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables recast the following Costs Accounts receivable Depreciation Inventory Net income Property, plant and equipment d. Cash Accounts payable (Note: Interest expense will not change with a change in sales Tax rate is 20%.) a Couts The forecasted costs except depreciation wit be $ 188.7 million (Round to one decimal place, and enter all numbers as a positive) b. Depreciation The forecasted depreciation we be 3 13 million (Round to one decimal place and enter all numbers as a positive.) Net income The forecasted net income il mitor Mound to one decimal place) Step by Step Solution
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