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The finance staff at Millcreek Company have constructed a forecast of the companies, net income. The chief executive officer of Millcreek wonders why the forecast
The finance staff at Millcreek Company have constructed a forecast of the companies, net income. The chief executive officer of Millcreek wonders why the forecast of next year's interest expense is the same as this year's interest expense, whereas next year sales are expected to increase by over this year sales. What is the most likely explanation
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