sales to grow by 30% over the next year, Use the regression Dries needed to support next year's sates. The, AFN equation and the finaricial statement-forecasting approach both assume that assicts grow at relatively the same rate as sales, Howrvic, then issets needed to support a given level of sales. Incom Corp, currently has sales of $900,000, but it expects sales to grow by 30% over the next year. Use the regression models to calculate Incoin Corpis forecasted values for accounts teceivable and inventoties needed to support next year's sales. Based on the next year's accounts receivable and inventory levels predicted by Incom Corp.s regresson equations, the firm's DSo for next year is expected to be - Use 365 days as the length of a year in all calculations. Incom Corp. currently has sales of $900, Corp.'s forecasted values for accounts rec $284,582 pects sales to grow by 30% over the next year. Us nventories needed to support next year's sales. vels predicted by Incom Corpi's repression equations, the firm's 050 for next year is expected to be Use 365 days as the length of a yeer in ald calculations