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You have collected the following financial information on Colosseum One Stop Shop. Forecast next year's pre-tax income. You assume sales to grow by 20 percent
You have collected the following financial information on Colosseum One Stop Shop. Forecast next year's pre-tax income. You assume sales to grow by 20 percent next year. Assume like we did in class that interest expense will remain unchanged Your answer should be IN MILLIONS and rounded to two decimal places, eg, enter $9.49 million as 9 49 (no signs please) Figures in $ millions Income Statement 2019 Balance Sheet 2012 Net Sales 246.0 Assets Costs exc. Dep 1870 Cash 8.0 EBITDA 59.0 Accts. Rec. 21.0 Depreciation 17.2 Inventories 23.0 EBIT 41.8 Total Current Assets 52.0 Interest 12.0 Net PP&E 145.0 Pretax Income 29.8 Total Assets 197.0 Taxes 10.4 Net Income 19.4 Liabilities and Equity Accts. Payable 18.0 Long-Term Debt 82.0 Total Liabilities 100.0 Total Stockholders' Equity 97.0 Total Liabilities and Equity 197.0
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