Question: can someone help me with this practice problem i do not understand it. P 18-5 (similar to) Question Help Simt's Espresso expects sales to grow

can someone help me with this practice problem i do not understand it.  can someone help me with this practice problem i do not
understand it. P 18-5 (similar to) Question Help Simt's Espresso expects sales

P 18-5 (similar to) Question Help Simt's Espresso expects sales to grow by 99% next year Assume that Jim's pitys out 85.8% of its net income Use the following statements and the percent of sales method to forecast a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation Confectively expensing capital expendituros) However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career a. Stockholders' equity The new stockholders' equity will be $ 6 (Round to the nearest color Data Table Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet Income Statement Balance Sheet Sales $190,510 Assets Costs Except (99 230) Cash and Equivalents $15,040 Depreciation EBITDA $91,280 Accounts Receivable 2,020 Depreciation (6,100) Inventories 4,100 EBIT $85,180 Total Current Assets $21,160 Interest Expense (net) (280) Property, Plant, and 9,960 Equipment Pre-tax Income $84.900 Total Assets $31,120 Income Tax (29,715) Net Income $55 185 Liabilities and Equity Accounts Payable $1,510 Debt 3,970 Total Liabilities $5,480 Stockholders' Equity 25,640 Total Liabilities and $31,120 Equity Print Done

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