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please help forcast the balance sheet thank you Analyze, Forecast, and interpret income statement and Balance sheet Following are the income statement and batance sheet

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Analyze, Forecast, and interpret income statement and Balance sheet Following are the income statement and batance sheet of ADP Inc: Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places \begin{tabular}{|c|c|} \hline Total revenues & $16,017.75 \\ \hline Operating expenses & 8,074.55 \\ \hline Systems development and programming costs & 719.2 \\ \hline Depreciation and amortization & 460.5 \\ \hline Total cost of revenues & 9,254.25 \\ \hline Selling, general, and administrative expenses & 3,463.04 \\ \hline Interest expense & 130.41 \\ \hline Total expenses & 12,847.29 \\ \hline Other (income) expense, net & (110.57) \\ \hline Earnings before income taxes & 3,281.46 \\ \hline Provision for income taxes & 820.37 \\ \hline Net earnings & 2,461.09 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Accounts payable & $ \\ \hline Accrued expenses and other current liabilities & x \\ \hline Accrued payroll and payroll-related expenses & x \\ \hline Dividends payable & x \\ \hline Short-term deferred revenues & x \\ \hline Obligations under reverse repurchase agreements & x \\ \hline Income taxes payable & x \\ \hline Total current liabilities before client funds obligations & x \\ \hline Client funds obligations & x \\ \hline Total current liabilities & x \\ \hline Long-term debt & x \\ \hline Other liabilities & x \\ \hline Deferred income taxes & x \\ \hline Long-term deferred revenues & x \\ \hline Total liabilities & x \\ \hline \multicolumn{2}{|l|}{ Shareholders' equity } \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & 0 \\ \hline \multicolumn{2}{|l|}{ Common stock, $0.10 par value; Authorized, 1,000.0 shares; } \\ \hline issued, 638.7 shares; outstanding 434.2 shares & x \\ \hline Capital in excess of par value & x \\ \hline Retained earnings & x \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{l} AUTOMATIC DATA PROCESSING INC \\ Balance sheet \\ 5 millions \end{tabular} & \begin{tabular}{l} June \\ 30,2019 \end{tabular} \\ \hline \multicolumn{2}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & 51,949.0 \\ \hline Accounts receivable, net & 2,439.3 \\ \hline Other current assets & 519.6 \\ \hline Total current assets before funds held for clients & 4,907.9 \\ \hline Funds held for clients & 29,434,0 \\ \hline Total current assets & 34,341.9 \\ \hline Long-term receivables, net & 23.8 \\ \hline Property, plant and equipment, net & 764.0 \\ \hline Capitalized contract cost, net & 2,428.5 \\ \hline Other assets & 934.4 \\ \hline Goodwill & 2,323,0 \\ \hline Intangible assets, net & 1,071.5 \\ \hline Total assets & $41,887.1 \\ \hline \multicolumn{2}{|l|}{ Current liabilities } \\ \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities. & 1,759.0 \\ \hline \end{tabular} lotal current liabilities Long-term debt Other liabilities \begin{tabular}{|c|c|} \hline Deferred income taxes & x \\ \hline Long-term deferred revenues & x \\ \hline Total liabilities & x \\ \hline Shareholders' equity & \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & 0 \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & x \\ \hline Capital in excess of par value & x \\ \hline Retained earnings & x \\ \hline Treasury stock, at cost: 204.5 shares & x \\ \hline Accumulated other comprehensive loss & x \\ \hline Total stockholders' equity & x \\ \hline Total liabilities and stockholders' equity & x \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{c} AUTOMATIC DATA PROCESSING INC. \\ Balance sheet \\ 5 millions \end{tabular} & June 30,2020 \\ \hline \multicolumn{2}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $2,202.37 \\ \hline Accounts receivable, net & x \\ \hline Other current assets & x \\ \hline Total current assets before funds held for clients & x \\ \hline Funds held for clients & x \\ \hline Total current assets & x \\ \hline Long-term receivables, net & x \\ \hline Property, plant and equipment, net & x \\ \hline Capitalized contract cost, net & x \\ \hline Other assets & x \\ \hline Goodwill & x \\ \hline Intangible assets, net & x \\ \hline Total assets & s \\ \hline \multicolumn{2}{|l|}{ Current liabilities } \\ \hline Accounts payable & s. \\ \hline Accrued expenses and other current liabilities & x \\ \hline Accrued payroll and payroll-related expenses & x \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,483.1 \\ \hline Client funds obligations & 29,145.0 \\ \hline Total current liabilities & 32,628.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 799.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 36,488.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, 51.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, 50.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1,181.9 \\ \hline Retained earnings & 17,500.6 \\ \hline Treasury stock, at cost: 204.5 shares & (13,090.5) \\ \hline Accumulated other comprehensive loss & (257.3) \\ \hline Total stockholders' equity & 5,398.6 \\ \hline Total liabilities and stockholders' equity & $41,887.1 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ Assumptians } \\ \hline Tocal rewenue mowit & 13000s & growth \\ \hline CAPCx as a percentage of tocal reversue & 1,10% & Wet rotal revenue \\ \hline Depreciation & 51844 & milion. \\ \hline Acquired ineangubles as a percentage of total revencue & 2.00% & Wof total revenue \\ \hline Amortiration & 1276.1 & milion: \\ \hline Provision for income taves & 25.00% & 4 petcentape of earnings belore incame taves in 2020 \\ \hline Tawes payable. & 7,70% & \%o of provision foe incoroe tanes in 2020 \\ \hline Stock hased compensation & 51673 & increases Ciphal in excess of par value by the same amount. Assurne that the corrp. \\ \hline Stock repurchases & $7500 & million \\ \hline Oividends: & 51,309,4 & milion \\ \hline Dividends payable & 2630N & Wof olvidends \\ \hline Goodwilt, fonsterm debt, preferred stock, common stock, and Accumulated other comprehemive loss & & No change in s ameunt \\ \hline All other percentages are hased on historic percent of total revenues & & \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities & 1,759.0 \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline Dividends payable & 340.0 \\ \hline Short-term deferred revenues & 220.7 \\ \hline Obligations under reverse repurchase agreements & 262.0 \\ \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,483.1 \\ \hline Client funds obligations & 29,145.0 \\ \hline Total current liabilities & 32,628.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 799.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 36,488.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; \\ \hline issued, 638.7 shares; outstanding 434.2 shares \\ \hline Capital in excess of par value & 63.9 \\ \hline Retained earninos & 1,181.9 \\ \hline \end{tabular}

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