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Consider these financial statements for SmallCo: Smallco Balance Sheet (SK) Cash AR Inventory net PPE Total Assets Year Ending 12/31 20x0 20X1 50.00 55.00 10.00
Consider these financial statements for SmallCo: Smallco Balance Sheet (SK) Cash AR Inventory net PPE Total Assets Year Ending 12/31 20x0 20X1 50.00 55.00 10.00 15.00 5.00 5.00 50.00 60.00 115.00 135.00 Smallco Income Statement (SK) Revenue COGS SGA EBT Tax @ 16.7% Net Income Year Ending 12/31 20x0 20X1 100.00 110.00 70.00 75.00 20.00 23.00 10.00 12.00 1.67 2.00 8.33 10.00 AP Other Current Liabilities Debt (all long term) Total Liabilities Equity 15.00 15.00 20.00 50.00 65.00 20.00 15.00 25.00 60.00 75.00 ncorrect Question 1 What was the company's sales growth in 20X1? Round your answer to three decimal places. 0.2
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