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[ The following information applies to the questions displayed below. ] Selected assumptions for 2 0 2 2 Sales growth rate 9 % Cost of
The following information applies to the questions displayed below.Selected assumptions for Sales growth rateCost of goods soldSalesDividendsNet incomeIncome StatementBalance Sheet ActualForecast ActualForecast Sales$ Cash$ Cost of goods sold Accounts receivable Operating expense Inventory Depreciation expense Total Current Assets EBIT Net PP&E Interest expense Total Assets Pretax income Tax Accounts payable Net Income$ Bank loan Total Current Liabilities LongTerm Debt Shareholders' Equity Total Liabilities & Equity$ Please refer to the spreadsheet above. Selected assumptions are given for preparing pro forma financial statements for Assume that gross property plant and equipment PP&E will grow at the sales growth rate in When the pro formas are completed, which of the following formulas would correctly give the forecast for net PP&E in cell G F B FB None of the options are correct. F C F B
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