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please show equation used for calculations thank you begin{tabular}{|c|c|c|} hline Assumptions: & & hline Total revenue growth & 13.00% & growh hline CAPEX

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please show equation used for calculations thank you
\begin{tabular}{|c|c|c|} \hline Assumptions: & & \\ \hline Total revenue growth & 13.00% & growh \\ \hline CAPEX as a percentage of total revenue. & t.10\% & Wh of total revenue \\ \hline Depreciation & 3184,4 & millon \\ \hline Acquired intangibles as a percentage of total revenue & 290% & Th of tocal revensie \\ \hline Anortization & $276,1 & miltan \\ \hline Provision for income taxes & 25.00% & W percentage of eaminger before income taxes in 2020 \\ \hline Taxes payable. & 7.70% & W of provision for income taxes in 2020 \\ \hline Stock:based compensation & $1673 & increases Capital in excess of par value by the same amount. Assume that the comp \\ \hline Stock repurchases & $7500 & millon \\ \hline Drvidends & 51. 389.4 & miltion \\ \hline Dividends payable & 26.30% & Wof dividends: \\ \hline Goodwill long-term debt, preferred stock, commen stock, and Accumulated other comprehensive loss & & No change ins amaunt \\ \hline All other percentages are basied an historic perkent of total revenues & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \begin{tabular}{l} AUTOMATIC DATA PROCESSING INC. \\ Statement of Consolidated Earnings \\ For Year Ended June 30, 2020, $ millions \end{tabular} & & \\ \hline Total revenues & \$ 16,017.75 & \\ \hline Operating expenses & 8,074.55 & \\ \hline Systems development and programming costs & 636.46 & x \\ \hline Depreciation and amortization & 460.5 & \\ \hline Total cost of revenues & 9,171.51 & x \\ \hline Selling, general, and administrative expenses & 3,064.63 & 3x \\ \hline Interest expense & 130.41 & \\ \hline Total expenses & 12,366.55 & x \\ \hline Other (income) expense, net & (110.57) & \\ \hline Earnings before income taxes & 3,761.77 & x \\ \hline Provision for income taxes & 940.44 & 4x \\ \hline Net earnings & 2,821.33 & 3x \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Accrued expenses and other current liabilities & 0x \\ \hline Accrued payroll and payroll-related expenses & 0 \\ \hline Dividends payable & 0 \\ \hline Short-term deferred revenues & 0x \\ \hline Obligations under reverse repurchase agreements & 0 \\ \hline Income taxes payable & 0x \\ \hline Total current liabilities before client funds obligations & 0x \\ \hline Client funds obligations & 0x \\ \hline Total current liabilities & 0x \\ \hline Long-term debt & 0x \\ \hline Other liabilities & 0x \\ \hline Deferred income taxes & 0x \\ \hline Long-term deferred revenues & 0x \\ \hline Total liabilities & 0 \\ \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 & 0x \\ \hline Capital in excess of par value & 0x \\ \hline Retained earnings & 0x \\ \hline Treasurv stock. at cost: 204.5 shares & 0x \\ \hline \end{tabular} Forecast ADP's 2020 income statement and balance sheet using the following relations ( $ millions). AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2019, \$ millions \begin{tabular}{|l|r|} \hline Total revenues & $14,175.0 \\ \hline Operating expenses & 7,146.0 \\ \hline Systems development and programming costs & 636.3 \\ \hline Depreciation and amortization & 304.4 \\ \hline Total cost of revenues & 8,086.7 \\ \hline Selling, general, and administrative expenses & 3,064.0 \\ \hline Interest expense & 130.0 \\ \hline Total expenses & 11,280.7 \\ \hline Other (income) expense, net & (111.0) \\ \hline Earnings before income taxes & 3,005.3 \\ \hline Provision for income taxes & 712.8 \\ \hline Net earnings & $2,292.5 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet $ millions June 30,2020 Current assets Cash and cash equivalents Accounts receivable, net Other current assets Total current assets before funds held for clients Funds held for clients Total current assets Long-term receivables, net Property, plant and equipment, net Capitalized contract cost, net Other assets Goodwill Intangible assets, net Total assets Current liabilities Accounts payable Accrued expenses and other current liabilities Accrued payroll and payroll-related expenses \begin{tabular}{|l|c|} \hline Other liabilities & 0 \\ \hline Deferred income taxes & 0 \\ \hline Long-term deferred revenues & 0 \\ \hline Total liabilities & 0 \\ \hline Shareholders' equity & 0 \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 0 \\ \hline Capital in excess of par value & 0 \\ \hline Retained earnings & 0 \\ \hline Treasury stock, at cost: 204.5 shares & 0 \\ \hline Accumulated other comprehensive loss & 0 \\ \hline Total stockholders' equity & 0 \\ \hline Total liabilities and stockholders' equity & 0 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet \begin{tabular}{|c|c|} \hline$ millions & 30,2019 \\ \hline \multicolumn{2}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $1,949.0 \\ \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 & 25%34.0 \\ \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}

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