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Using the following information, what should the Interest Expense be in the 2020 forecast? Forecasted 2020 $1,451,596 94,668.5 Financial Statements Forecast - Steed & Co.
Using the following information, what should the Interest Expense be in the 2020 forecast? Forecasted 2020 $1,451,596 94,668.5 Financial Statements Forecast - Steed & Co. 2018 2019 Sales $1,310,400 $1,375,920 EBIT 75,600 84,381 Interest 17,600 21,987 expense Short-term 37,600 37,600 debt Long-term 276,500 262,704 debt, net 37,600.0 248,123 O $20,980 $23,196 O$20,919 $20,767
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