\begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{c} AUTOMATIC DATA PROCESSING INC \\ Balance Sheet \\ $ millions \end{tabular} & \multicolumn{3}{|c|}{ June 30,2020} \\ \hline \multicolumn{4}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $ & 2,202.37 & 7 \\ \hline Accounts receivable, net & & 0 & 0x \\ \hline Other current assets & & 0 & 0 \\ \hline Total current assets before funds held for clients & & & 0x \\ \hline Funds held for clients & & 0 & 0x \\ \hline Total current assets & & 0 & 0 \\ \hline Long-term receivables, net & & 0 & 0x \\ \hline Property, plant and equipment, net & & 0 & 0x \\ \hline Capitalized contract cost, net & & 0 & 0 \\ \hline Other assets & & 0 & 0 \\ \hline Goodwill & & 0 & 0 \\ \hline Intangible assets, net & & 0 & 0 \\ \hline Total assets & $ & 0 & 0 \\ \hline \multicolumn{4}{|l|}{ Current liabilities } \\ \hline Accounts payable & $ & 0 & 0 \\ \hline Accrued expenses and other current liabilities & & & 0 \\ \hline Accrued payroll and payroll-related expenses & & 0 & 0 \\ \hline Dividends payable & & & 0 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Dividends payable & 0x \\ \hline Short-term deferred revenues & 0 \\ \hline Obligations under reverse repurchase agreements & 0 \\ \hline Income taxes payable & 0 \\ \hline Total current liabilities befof & 0 \\ \hline Client funds obligations & 0x \\ \hline Total current liabilities & 0 \\ \hline Long-term debt & 0 \\ \hline Other liabilities & 0x \\ \hline Deferred income taxes & 0 \\ \hline Long-term deferred revenues & 0 \\ \hline Total liabilities & 0 \\ \hline \multicolumn{2}{|l|}{ Shareholders' equity } \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & 0 \\ \hline \multicolumn{2}{|l|}{ Common stock, $0.10 par value; Authorized, 1,000.0 shares; } \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 0 \\ \hline Capital in excess of par value & 0 \\ \hline Retained earnings & 0 \\ \hline Treasury stock, at cost: 204.5 shares & 0x \\ \hline Accumulated other comprehensive loss & 0x \\ \hline Total stockholders' equity & 0x \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{l} AUTOMATIC DATA PROCESSING INC. \\ Statement of Consolidated Earnings \\ For Year Ended June 30, 2019, \$ millions \end{tabular} & \\ \hline Total revenues & $14,175.0 \\ \hline Operating expenses & 7,146.0 \\ \hline Systems development and proframming costs & 636.3 \\ \hline Depreciation and amortization & 304.4 \\ \hline Total cost of revenues & 8,086.7 \\ \hline Selling, general, and administrative expenses & 3,064.0 \\ \hline Interest expense & 130.0 \\ \hline Total expenses & 11,280.7 \\ \hline Other (income) expense, net & (111.0) \\ \hline Earnings before income taxes & 3,005.3 \\ \hline Provision for income taxes & 712.8 \\ \hline Net earnings & $2,292.5 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{r} AUTOMATIC DATA PROC \\ Balance She \\ $ millions \end{tabular} & \begin{tabular}{c} June \\ 30,2019 \end{tabular} \\ \hline \multicolumn{2}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $1,949.0 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c|}{ \$ millions } & \multicolumn{1}{|c|}{ June } \\ \hline Current assets & 3019 \\ \hline Cash and cash equivalents & $1,949.0 \\ \hline Accounts receivable, net & 2,439.3 \\ \hline Other current assets & 519.6 \\ \hline Total current assets before funds held for clients & 4,907.9 \\ \hline Funds held for clients & 29,434.0 \\ \hline Total current assets & 34,341.9 \\ \hline Long-term receivables, net & 23.8 \\ \hline Property, plant and equipment, net & 764.0 \\ \hline Capitalized contract cost, net & 2,428.5 \\ \hline Other assets & 934.4 \\ \hline Goodwill & 2,323.0 \\ \hline Intangible assets, net & 1,071.5 \\ \hline Total assets & $41,887.1 \\ \hline Current liabilities & \\ \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities & 1,759.0 \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Accrued expenses and other cu & \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline Dividends payable & 340.0 \\ \hline Short-term deferred revenues & 220.7 \\ \hline Obligations under reverse repurchase agreements & 262.0 \\ \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,483.1 \\ \hline Client funds obligations & 29,145.0 \\ \hline Total current liabilities & 32,628.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 799.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 36,488.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1,181.9 \\ \hline Retained earnings & 17,500.6 \\ \hline Treasury stock, at cost: 204.5 shares & (13,090.5) \\ \hline \end{tabular} Forecast AOPs 2020 income statement and balance sheet using, the following retations (s mullons). Note Complete the entire question in Excel (template provided above). Using Excet, format each answer to two decimal places. Use increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places. Note: Use nogative signs with answers, when appropriate. \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{c} AUTOMATIC DATA PROCESSING INC \\ Balance Sheet \\ $ millions \end{tabular} & \multicolumn{3}{|c|}{ June 30,2020} \\ \hline \multicolumn{4}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $ & 2,202.37 & 7 \\ \hline Accounts receivable, net & & 0 & 0x \\ \hline Other current assets & & 0 & 0 \\ \hline Total current assets before funds held for clients & & & 0x \\ \hline Funds held for clients & & 0 & 0x \\ \hline Total current assets & & 0 & 0 \\ \hline Long-term receivables, net & & 0 & 0x \\ \hline Property, plant and equipment, net & & 0 & 0x \\ \hline Capitalized contract cost, net & & 0 & 0 \\ \hline Other assets & & 0 & 0 \\ \hline Goodwill & & 0 & 0 \\ \hline Intangible assets, net & & 0 & 0 \\ \hline Total assets & $ & 0 & 0 \\ \hline \multicolumn{4}{|l|}{ Current liabilities } \\ \hline Accounts payable & $ & 0 & 0 \\ \hline Accrued expenses and other current liabilities & & & 0 \\ \hline Accrued payroll and payroll-related expenses & & 0 & 0 \\ \hline Dividends payable & & & 0 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Dividends payable & 0x \\ \hline Short-term deferred revenues & 0 \\ \hline Obligations under reverse repurchase agreements & 0 \\ \hline Income taxes payable & 0 \\ \hline Total current liabilities befof & 0 \\ \hline Client funds obligations & 0x \\ \hline Total current liabilities & 0 \\ \hline Long-term debt & 0 \\ \hline Other liabilities & 0x \\ \hline Deferred income taxes & 0 \\ \hline Long-term deferred revenues & 0 \\ \hline Total liabilities & 0 \\ \hline \multicolumn{2}{|l|}{ Shareholders' equity } \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & 0 \\ \hline \multicolumn{2}{|l|}{ Common stock, $0.10 par value; Authorized, 1,000.0 shares; } \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 0 \\ \hline Capital in excess of par value & 0 \\ \hline Retained earnings & 0 \\ \hline Treasury stock, at cost: 204.5 shares & 0x \\ \hline Accumulated other comprehensive loss & 0x \\ \hline Total stockholders' equity & 0x \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{l} AUTOMATIC DATA PROCESSING INC. \\ Statement of Consolidated Earnings \\ For Year Ended June 30, 2019, \$ millions \end{tabular} & \\ \hline Total revenues & $14,175.0 \\ \hline Operating expenses & 7,146.0 \\ \hline Systems development and proframming costs & 636.3 \\ \hline Depreciation and amortization & 304.4 \\ \hline Total cost of revenues & 8,086.7 \\ \hline Selling, general, and administrative expenses & 3,064.0 \\ \hline Interest expense & 130.0 \\ \hline Total expenses & 11,280.7 \\ \hline Other (income) expense, net & (111.0) \\ \hline Earnings before income taxes & 3,005.3 \\ \hline Provision for income taxes & 712.8 \\ \hline Net earnings & $2,292.5 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{r} AUTOMATIC DATA PROC \\ Balance She \\ $ millions \end{tabular} & \begin{tabular}{c} June \\ 30,2019 \end{tabular} \\ \hline \multicolumn{2}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $1,949.0 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c|}{ \$ millions } & \multicolumn{1}{|c|}{ June } \\ \hline Current assets & 3019 \\ \hline Cash and cash equivalents & $1,949.0 \\ \hline Accounts receivable, net & 2,439.3 \\ \hline Other current assets & 519.6 \\ \hline Total current assets before funds held for clients & 4,907.9 \\ \hline Funds held for clients & 29,434.0 \\ \hline Total current assets & 34,341.9 \\ \hline Long-term receivables, net & 23.8 \\ \hline Property, plant and equipment, net & 764.0 \\ \hline Capitalized contract cost, net & 2,428.5 \\ \hline Other assets & 934.4 \\ \hline Goodwill & 2,323.0 \\ \hline Intangible assets, net & 1,071.5 \\ \hline Total assets & $41,887.1 \\ \hline Current liabilities & \\ \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities & 1,759.0 \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline Accrued expenses and other cu & \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline Dividends payable & 340.0 \\ \hline Short-term deferred revenues & 220.7 \\ \hline Obligations under reverse repurchase agreements & 262.0 \\ \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,483.1 \\ \hline Client funds obligations & 29,145.0 \\ \hline Total current liabilities & 32,628.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 799.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 36,488.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1,181.9 \\ \hline Retained earnings & 17,500.6 \\ \hline Treasury stock, at cost: 204.5 shares & (13,090.5) \\ \hline \end{tabular} Forecast AOPs 2020 income statement and balance sheet using, the following retations (s mullons). Note Complete the entire question in Excel (template provided above). Using Excet, format each answer to two decimal places. Use increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places. Note: Use nogative signs with answers, when appropriate