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Your company had sales of $111.032 this year and cost of goods sold of $78,059. The company's depreciation was 6,655, the Net Income was 15,843.

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Your company had sales of $111.032 this year and cost of goods sold of $78,059. The company's depreciation was 6,655, the Net Income was 15,843. Cash was 22,166. Accounts Receivable was 12,179 and Inventory was 3,548 You forecast sales to increase to $144,090 next year. Using the percent of sales method, forecast next year's Inventory? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "S" sign QUESTION 12 Your company had sales of $122,063 this year and cost of goods sold of $80,164. The company's depreciation was 6,896, the Net Income was 21,461. Cash was 22,783. Accounts Receivable was 11,635 and Inventory was 4,425 You forecast sales to increase to $140,832 next year. Using the percent of sales method, forecast next year's Cash? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "S** sign

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