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You project that Sales in 2021 will increase at the average rate as in year 2018-2020. You also use the same COGS ratio as in
You project that Sales in 2021 will increase at the average rate as in year 2018-2020. You also use the same COGS ratio as in 2020. If the ending balance of Inventory in 2019 was equal to 16, and 13 in 2020, then using % Inv/COGS ratio calculate the Inv for 2021 Sales COGS Gross Profit SG&A EBIT NI 2018 2019 2020 300.00 322.20 378.00 (108.00) (128.90) (162.50) 192.00 193.30 215.50 (130.00) (155.00) (170.00) 62.00 38.30 45.50 37.20 23.00 27.30 Show the support table for Inventory for the balance sheet model
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