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Assuming sales growth of 43% this coming year, what is the projected total asset balance at the end of this coming year? (round answer to
Assuming sales growth of 43% this coming year, what is the projected total asset balance at the end of this coming year? (round answer to nearest dollar) Income Statement Last Year Sales $19,779,521 Balance Sheet end of Last Year Assets Liabilities & Equity Cost of Goods 7,081,086 Cash $4,390,047 A/P $18,082,011 S&A Expense 1,658,898 Marketable Securities 10,014,673 Notes Payable 5,553,714 Depreciation Expense 3,404,365 Interest Expense 2,006,586 Taxes 1,638,308 A/R 2,148,167 Inventory 31,347,726 Prepaid Expenses 5,441,808 Accrued Expense 4,439,417 Bonds Payable 25,991,951 Common Stock 5,976,878 Net Plant and Net Income $???????? 30,559,338 CIEP/APIC 9,139,411 Equipment Common Stock $500,000 Total Assets $???????? Retained Earnings ???????? Dividend Total L&E $
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