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Use the following income statement and balance sheet for the current year for Jim's Espresso and assume that sales are expected to grow by 1

Use the following income statement and balance sheet for the current year for Jim's Espresso and assume that sales are expected to grow by 10.1% for the next year and interest expense will remain constant. Use the percent of sales method to complete parts a through g. Determine the follwoing: a. Costs b. Depreciation c. Net Income d. Cash e. Accounts receivable f. Inventory g. Property, plant, and equipment
Income Statement
Sales $209,770
Costs Except Depreciation (100,880)
EBITDA $108,890
Depreciation (6,000)
EBIT $102,890
Interest Expense (net)(400)
Pretax Income $102,490
Income Tax (35,872)
Net Income $66,618
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