Answered step by step
Verified Expert Solution
Question
1 Approved Answer
From A to G plz Jim's Espresso expects sales to grow by 10.1% next year. Using the following statements and the percent of sales method,
From A to G plz
Jim's Espresso expects sales to grow by 10.1% next year. Using the following statements and the percent of sales method, forecast * Data Table (Note Make sure to round all intermediate calculations to at least five decimal places) a. Costs b. Depreciation c. Net Income d. Cash e. Accounts receivable f. Inventory g. Property, plant, and equipment Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet. Balance Sheet a. Costs Assets The forecasted costs will be $_. (Round to the nearest dollar and enter all numbers as b. Depreciation The forecasted depreciation will be $ (Round to the nearest dollar and enter all numb Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $201,030 (99,710) $101,320 (5,920) $95.400 (520) $94,880 (33 208) $61 672 Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $15,050 2,080 3,980 $21,110 10,080 $31,190 c. Net Income The forecasted net income will be $ (Round to the nearest dollar) Interest Expense (net) Pre-tax Income Income Tax Net Income d. Cash The forecasted cash will be $ (Round to the nearest dollar) Liabilities and Equity Accounts Payable Dobt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,520 4,020 $5,540 25,650 $31,190 e. Accounts receivable The forecasted accounts receivable will be $ (Round to the nearest dollar)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started