Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e and prepare projected balance sheets and income statements for 2020
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Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e and prepare projected balance sheets and income statements for 2020 and 2021 for Accenture, the computer systems company. Compute ROE, ROA, capital structure leverage, profit margin, and asset turnover for 2021. Assume that company management expects sales growth over the next two years to be equal to the average annual sales growth from 2018 to 2019, and expects profit margin, total assets/sales, and shareholders' equity/total assets to be equal to the simple averages across 2018 and 2019.
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