Global Corp. expects sales to grow by 8% next year. Assume that Global pays out 50%...

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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 stockholders' equity. forecast Statements The forecasted stockholders' equity will be $ million. (Round to two decimal places.) Income Statement ($ million) Net Sales 185.2 Costs Except Depreciation EBITDA -175.1 Balance Sheet ($ million) Assets Cash 22.8 10.1 Accounts Receivable 18.2 Depreciation and Amortization -1.1 Inventories 15.3 EBIT 9 Total Current Assets 56.3 Interest Income (expense) -7.7 Net Property, Plant, and 113.4 Equipment Pre-tax Income 1.3 Total Assets 169.7 Taxes -0.3 Net Income 1.0 Liabilities and Equity Accounts Payable 35.2 Long-Term Debt 112.1 Total Liabilities 147.3 Total Stockholders' Equity 22.4 Total Liabilities and Equity 169.7 Help me solve this View an example Ask my instructor 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 stockholders' equity. forecast Statements The forecasted stockholders' equity will be $ million. (Round to two decimal places.) Income Statement ($ million) Net Sales 185.2 Costs Except Depreciation EBITDA -175.1 Balance Sheet ($ million) Assets Cash 22.8 10.1 Accounts Receivable 18.2 Depreciation and Amortization -1.1 Inventories 15.3 EBIT 9 Total Current Assets 56.3 Interest Income (expense) -7.7 Net Property, Plant, and 113.4 Equipment Pre-tax Income 1.3 Total Assets 169.7 Taxes -0.3 Net Income 1.0 Liabilities and Equity Accounts Payable 35.2 Long-Term Debt 112.1 Total Liabilities 147.3 Total Stockholders' Equity 22.4 Total Liabilities and Equity 169.7 Help me solve this View an example Ask my instructor