You have collected the following financial information on Colosseum One Stop Shop Forecast next year's depreciation 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 beIN MILLIONS and rounded to two decimal places, e g enter $9 49 milion as 9 49 (no signs please) $ Figures in 5 millions 5 Income Statement 2019 Balance Sheet 2019 Net Sales 246 0 Assets Costs exc Dep 187 0 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

Question

You have collected the following financial information on Colosseum One Stop Shop  Forecast next year's depreciation  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 beIN MILLIONS and rounded to two decimal places, e g enter $9 49 milion as 9 49 (no signs please) $ Figures in 5 millions 5 Income Statement 2019 Balance Sheet 2019 Net Sales 246 0 Assets Costs exc  Dep  187 0 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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Question

You have collected the following financial information on Colosseum One Stop Shop. Forecast next year's depreciation. You assume sales to grow by 20 percent next

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