Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e and prepare a projected balance sheet and income statement for
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Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e and prepare a projected balance sheet and income statement for FedEx, the delivery service, for 2020. Assume that company management expects sales growth of 8 percent during 2020, and also expects profit margin, total assets/sales, and shareholders' equity/total assets to be the simple average of the values from 2018 and 2019.
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