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Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income 200,000 (100,000) 100,000 (6,000) 94,000 (400) 93,600

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Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income 200,000 (100,000) 100,000 (6,000) 94,000 (400) 93,600 (32.760) 60,840 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets 15,000 2,000 4,000 21,000 10,000 31,000 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 1,500 4,000 5,500 25,500 31,000 4. Jim's expects sales to grow by 10% next year. Using the percent of sales method, forecast (see Pearson MyLab Finance for the data in Excel format): a. Costs b. Depreciation c. Net income d. Cash e. Accounts receivable 1. Inventory Property, plant, and equipment

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