Question: Global expects sales to grow by 8% next year. Using the percent of sales method, forecast (see MyFinanceLab for the data in Excel format): a.

Global expects sales to grow by 8% next year. Using the percent of sales method, forecast (see MyFinanceLab for the data in Excel format):

a. Costs except depreciation

b. Depreciation

c. Net income

d. Cash

e. Accounts receivable

f. Inventory

g. Property, plant, and equipment

h. Accounts payable


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