Question 4 A Corp. Consolidated Financial Statements Prior year $ million Income statement Revenues Cost of sales Selling costs Depreciation Operating profit 900.0 (540.0) (108.0) (42.5) 209.5 Current year 990.0 (594.0) (118.8) (44.0) 233.2 Interest expense Earnings before taxes (45.0) 164.5 (45.0) 188.2 Taxes Net income (54.3) 110.2 (62.1) 126.1 U 8 9 10 11 12 13 14 15 16 Property, plant and equipment Equity investments Total assets 17 18 450.0 120.0 973.5 495.0 120,0 1.058.9 Liabilities and equity Accounts payable Short-term debt Accrued expenses Current liabilities 123.8 90.0 38.0 301.8 133.7 90.0 95.0 318.7 210.0 10.0 Long-term debt Newly issued debt Common stock Retained earnings Liabilities and equity 80.0 381.7 973.5 0.0 450.2 1,058.9 Using the preceding consolidated financial statements for A Corp. and assuming revenue is forecast to prow by to each year, forecast the cost of Good Solo forte A 1623.7 1594.0) 210.0 210.0 Long-term debt Newly issued debt Common stock Retained earnings Liabilities and equity 80.0 381.7 973.5 80.0 450.2 1,058.9 Using the preceding consolidated financial statements for A Corp. and assuming revenue is forecast to grow by 10 OA (623.7) B. (594.0) C (653.4) D. (600.0) A Moving to another question will save this response