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Jim's Espresso expects sales to grow by 9.8% next year. Using the following statements and the percent of sales method, forecast the following: a. Costs
Jim's Espresso expects sales to grow by 9.8% next year. Using the following statements and the percent of sales method, forecast the following: 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.) Statements Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet. Balance Sheet $208,530 Assets (99,840) Cash and Equivalents $14,900 Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $108,690 (5,920) $102,770 (230) Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets 1,900 3,930 $20,730 Interest Expense (net) 9,940 $30,670 Pre-tax Income Income Tax Net Income $102,540 (35,889) $66,651 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and $1,510 3,970 $5,480 25,190 $30,670 Equity
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