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Global Corp. expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables forecast

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Global Corp. expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables forecast the following. a. Costs e. Accounts receivable b. Depreciation f. Inventory c. Net income g. Property, plant, and equipment d. Cash h. Accounts payable (Note: Interest expense will not change with a change in sales, Tax rate is 26%.) a Costs The forecasted costs except depreciation will be $milion (Round to one decimal place, and enter all numbers as a positive.) i Data Table Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet Income Statement ($ million) Balance Sheet ($ million) Net Sales 186.8 Assets Costs Except Depreciation - 174.2 Cash EBITDA 12.6 Accounts Receivable Depreciation and Amortization -1.2 Inventories EBIT 11.4 Total Current Assets Interest Income (expense) - 7.7 Net Property, Plant, and Equipment Pre-tax Income 3.7 Total Assets Taxes (26%) - 1.0 Net Income 2.7 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 22.6 17.5 15.1 55.2 112.8 168.0 32.3 112.9 145.2 22.8 168.0 Print Done

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