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need help with 3 2. Assume that the company projects the following: - Accounts recelvable will decrease by 4%. - Inventory will decrease by 6%.
need help with 3
2. Assume that the company projects the following: - Accounts recelvable will decrease by 4%. - Inventory will decrease by 6%. - Property, plant, and equipment, net will increase by 5%. - Accounts payable will increase by 44%. - Long-term debt will increase by 31%. - Depreciation expense will increase by 8%. - Net income will decrease by 15%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the above acd Round your answer to the nearest million. 3. Using only the information given above what is the forecasted amount for Cash Flows from Operating Activities? X million 2. Assume that the company projects the following: - Accounts recelvable will decrease by 4%. - Inventory will decrease by 6%. - Property, plant, and equipment, net will increase by 5%. - Accounts payable will increase by 44%. - Long-term debt will increase by 31%. - Depreciation expense will increase by 8%. - Net income will decrease by 15%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the above acd Round your answer to the nearest million. 3. Using only the information given above what is the forecasted amount for Cash Flows from Operating Activities? X million Step by Step Solution
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