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Income Statement Sales $198,820 Costs Except Depreciation (100,770) EBITDA $98,050 Depreciation (6,100) EBIT $91,950 Interest Expense (net) (280) Pretax Income $91,670 Income Tax (32,085) Net
Income Statement Sales $198,820 Costs Except Depreciation (100,770) EBITDA $98,050 Depreciation (6,100) EBIT $91,950 Interest Expense (net) (280) Pretax Income $91,670 Income Tax (32,085) Net Income $59,585
Balance Sheet Assets Cash and Equivalents $15,060 Accounts Receivable 2,070 Inventories 3,910 Total Current Assets $21,040 Property, Plant and Equipment 10,030 Total Assets $31,070 Liabilities and Equity Accounts Payable $1,550 Debt 4,090 Total Liabilities $5,640 Stockholders' Equity 25,430 Total Liabilities and Equity $31,070
and the percent of sales method, forecast: Jim's Espresso expects sales to grow by 10.1% next year. Using the following statements a. Costs b. Depreciation c. Net Income d. Cash e. Accounts receivable f. Inventory g. Property, plant, and equipment (Note: Make sure to round all intermediate calculations to at least five decimal places.)Step by Step Solution
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