Question: Assumption: EXCESS/DEFICIT IS ADJUSTED WITH LONG TERM DEBT Income Statement Actual Forecast Forecast 2020 2021 $ million 2019 2020 2021 Revenue growth NA 15.0% Sales

Assumption: EXCESS/DEFICIT IS ADJUSTED WITH LONG TERM DEBT
Income Statement
Actual Forecast Forecast
2020 2021 $ million 2019 2020 2021
Revenue growth NA 15.0% Sales - ##### (13)
COGS/Sales (1) Cost of Goods Sold - ##### (14)
Gross Profit - #####
SG&A/Sales (2) Selling and G&A Expenses - ##### (15)
Depreciation/Lag net PP&E (3) Depreciation Expense - 31.30 (16)
EBIT - 85.70
Interest expense/Lag Total Debt (4) Interest Expsense - 7.50 (17)
Earnings Before Taxes - 78.20
Effective Tax Rate (Tax/EBT) (5) Taxes - 30.80 (18)
Net Income - 47.40 (19)

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