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O'Brien Corporation had the balance sheet shown in Table 5 E at the end of last year. The company had net income of $ 1
O'Brien Corporation had the balance sheet shown in Table E at the end of last year. The company had net income of $ on sales of $ and paid $ in dividends last year. O'Brien is at full capacity and considers all its assets, accounts payable, and accrued liabilities as spontaneous. Assume the net profit margin and dividend payout ratio remain the same this year, and that sales are projected to be $
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Using the percentageofsales method, what is the forecasted endofthisyear balance of fixed assets in thousands of dollars
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