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[The following information applies to the questions displayed below.] Selected assumptions for 2022 Sales growth rate 9% Cost of goods sold/Sales 62% Dividends/Net income 40%
[The following information applies to the questions displayed below.] Selected assumptions for 2022 Sales growth rate 9% Cost of goods sold/Sales 62% Dividends/Net income 40% Income Statement Balance Sheet Actual Forecast 2021 2022 Sales $ 1,000 Cash Actual 2021 $ 100 5 Points Forecast 2022
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