QUESTION $9$

Your company had sales of $$116185$ this year and cost of goods sold of $$80445.$ The company's depreciation was $7340,$ the Net Income was $19571.$ Cash was $23023.$ Accounts Receivable was $10191$ and Inventory was $4511$

You forecast sales to increase to $$152492$ next year.

Using the percent of sales method, forecast next year's cost of goods sold?

NOTE: Submit your answers with $4$ decimals after the dot. Do not include the $"$$$"$ sign

QUESTION $10$

Your company had sales of $$120441$ this year and cost of goods sold of $$77437.$ The company's depreciation was $7295,$ the Net Income was $17795.$ Cash was $23341.$ Accounts Receivable was $12458$ and Inventory was $4362$

You forecast sales to increase to $$138999$ next year.

Using the percent of sales method, forecast next year's Accounts receivable?

NOTE: Submit your answers with $4$ decimals after the dot. Do not include the $"$ $ $"$ sign