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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 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 $ Costs Except Depreciation EBITDA $ Depreciation EBIT $ Interest Expense net Pretax Income $ Income Tax Net Income $
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 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 $
Costs Except Depreciation
EBITDA $
Depreciation
EBIT $
Interest Expense net
Pretax Income $
Income Tax
Net Income $
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