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The following balance sheet and income statement pertain to Goode Corp., using the following assumptions complete a forecasted 2016 income statement: Assumptions for 2016: Revenue
The following balance sheet and income statement pertain to Goode Corp., using the following assumptions complete a forecasted 2016 income statement: Assumptions for 2016: Revenue growth rate 32% COGS 64% of sales Operating expenses 23% of sales Interest expense 10% of beginning long-term debt Tax rate 35%
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