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total revenue growth and provision for income taxes) are based on historic percent of total revenues. Total revenues growth 13% Depreciation and amortization $460.5 million

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total revenue growth and provision for income taxes) are based on historic percent of total revenues. Total revenues growth 13% Depreciation and amortization $460.5 million Interest expense No change Other (income) expense, net No change Income tax rate 25% Round your answers to one decimal place. Do not use negative signs with your answers. AUTOMATIC DATA PROCESSING INC. Forecasted Income Statement For Year Ended June 30, 2019, $ millions June 2019 June 2020 Total revenues $14,175.2 $ 16018 Operating expenses 7,145.9 Ox Systems development and programming costs 636.3 0 x Depreciation and amortization 460.5 Total cost of revenues 8,086.6 9254.4 Selling, general, and administrative expenses 3,064.2 Interest expense Total expenses 11,280.7 Other income expense, net Earnings before income taxes 3,005.6 Provision for income taxes 712.8 Net earnings $2,292.8 $ OX 304.4 129.9 129.9 OX 111.1 111.1 0X OX

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