Global Corp. expects sales to grow by 8 % next year. Assume that Global pays out 50 % of its net income. Using the percent of sales method and the data provided in the following statements LOADING..., forecast stockholders' equity.

The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career

the forecasted stockholders equity will be?

Global Corp expects sales to grow by 8% next year. Assume that Global pays out of its not income. Using the percent of a method and the data provided in the follow statements forecast stockholders' quy The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (electively expensing capital expondres). However, we will still include depreciation forecasting in this chapter and in these problems iniciation of the return of standard de cation practices during you can The forecasted stockholders equity will be on found to two decimal places) Data Table Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet. 22.6 Income Statement (5 million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Income (expense) 178 1858 - 174.4 11.4 -12 102 - 77 Balance Sheet($ million) Assets Cash Accounts Receivable Inventories Total Current Assets Net Property, Plant, and Equipment Total Assets 15.4 55.8 113.2 169.0 Pre-tax Income Taxes Net Income Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 343 1125 1468 222 1690 nen Print Done