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Problem 19-9 Percentage-of-Sales Models (LO2) Here are the abbreviated financial statements for Plarniers Peanuts Income Statement 2015 Sales $2.950 Costs 1,700 Not income 5 1.170

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Problem 19-9 Percentage-of-Sales Models (LO2) Here are the abbreviated financial statements for Plarniers Peanuts Income Statement 2015 Sales $2.950 Costs 1,700 Not income 5 1.170 Assets 2014 52.940 Balance Sheet, Year End 2015 $4.160 Debt Equity 2014 $990 1 950 2015 $1,310 2.850 Total $2,940 $4,160 + Total $2,940 $4.160 I sales increase by 29% in 2016, and the company as a percentage-of-salos planning model (meaning that all toms on the income and balance sheet also increase by 29%), what must be the balancing itom? The balancing om Click to select) What will be its value? [Round your answer to 1 decimal place) Vabalnog toms References eBook & Resources Worksheet Problet 10-9 Pood Type here to

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