Question
Income Statement Sales $200,000 Costs Except Depreciation (100,000) EBITDA $100,000 Depreciation (6,000) EBIT $94,000 Interest Expense (net) (400) Pretax Income $93,600 Income Tax (32,760) Net
Income Statement Sales $200,000 Costs Except Depreciation (100,000) EBITDA $100,000 Depreciation (6,000) EBIT $94,000 Interest Expense (net) (400) Pretax Income $93,600 Income Tax (32,760) Net Income $60,840
Balance Sheet Assets Cash and Equivalents $15,000 Accounts Receivable 2,000 Inventories 4,000 Total Current Assets $21,000 Property, Plant and Equipment 10,000 Total Assets $31,000 Liabilities and Equity Accounts Payable $1,500 Debt 4,000 Total Liabilities $5,500 Stockholders' Equity 25,500 Total Liabilities and Equity $31,000
im's Espresso expects sales to grow by
10.0 %10.0%
next year. Using the following statements
LOADING...
and the percent of sales method, forecast:
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.)
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