Global Corp. expects sales to grow by 9% next year. Using the percent of sales method and the data provided in the following tables,, forecast: a. Costs except depreciation b. Depreciation c. Net income d. Cash e. Accounts receivable f. Inventory g. Property, plant, and equipment h. Accounts payable (Note: Interest expense will not change with a change in sales. Tax rate is 25%.) The Tax Cuts and Jobs Act of 2017 temporarily allowed 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. a. Costs except depreciation The forecasted costs except depreciation will be $ a positive.) ... million. (Round to one decimal place and enter all numbers as

Global Corp. expects sales to grow by 9% next year. Using the percent of sales method and the data provided in the following tables, , forecast: a. Costs except depreciation 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 25%.) The Tax Cuts and Jobs Act of 2017 temporarily allowed 100\% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. a. Costs except depreciation The forecasted costs except depreciation will be $ million. (Round to one decimal place and enter all numbers as a positive.)