ave Predicting net income. Abbreviated income statements for Starbucks are in the popup Window Predict the net income for the period ending September 30, 2014, by determining the growth rates of sales COGS SG&A and interest expense. Use a tax rate of 37% Nole. Enter all expenses as negative numbers. (Hint: Use the compounded growth rate method to calculate all of the growth rates) The sales growth is (Round to three decimal places.) Starbucks Abbreviated Income Statements for the Years Ending September 30, 2011-2014 (S in Millions Account 9/30/2011 9/30/2012 9/30/2013 9/30/2014 Sales S 11.706 S 13,326 S 14,707 Cost of goods sold $ 4,886 $ -5 8345 -6.288 Selling general and administrative expenses S -5,000 $ -5,315 $ -8.769 EBIT S 1.820 $ 2.1775 -350 Interest expense S -32 $ -60$ 150 Taxes $ -662 S -783 S 148 Net income S 1,126 $ 1,334 S Right click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet -252