Homework: Chapter 18 Financial Modeling and Pro Forma Analys Save Score: 0 of 1 pt 3 of 7 (6 complete) HW Score: 71.43%, 5 of 7 pts XP 18-9 (similar to) Question Help Global Corp. expects sales to grow by 9% next year. Assume that Global pays out 50% of its net income. Using the percent of sales method and the data provided in the following statements forecast stockholders' equity The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) 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 The forecasted stockholders' equity will be Data Table million (Round to two 17.3 Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet Income Statement (5 million) Balance Sheet (5 million) Net Sales 185.9 Assets Costs Except Depreciation - 1749 Cash 22.7 EBITDA Accounts Receivable Depreciation and Amortization Inventories EBIT Total Current Assets Net Property, plant and Interest Income (expense) 1124 Equipment Pre-tax Income Total Assets 1680 Taxes Net Income Liabilities and Equity Accounts Payable 3331 1138 Long-Term Debt Total Liabilities 1469 Total Stockholders Equity Total Liabilities and Equity ON Enter your answer in the answer box and then click Check Answe All parts showing 2205 - O te RNE Homework: Chapter 18 Financial Modeling and Pro Forma Analys Save Score: 0 of 1 pt 3 of 7 (6 complete) HW Score: 71.43%, 5 of 7 pts XP 18-9 (similar to) Question Help Global Corp. expects sales to grow by 9% next year. Assume that Global pays out 50% of its net income. Using the percent of sales method and the data provided in the following statements forecast stockholders' equity The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) 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 The forecasted stockholders' equity will be Data Table million (Round to two 17.3 Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet Income Statement (5 million) Balance Sheet (5 million) Net Sales 185.9 Assets Costs Except Depreciation - 1749 Cash 22.7 EBITDA Accounts Receivable Depreciation and Amortization Inventories EBIT Total Current Assets Net Property, plant and Interest Income (expense) 1124 Equipment Pre-tax Income Total Assets 1680 Taxes Net Income Liabilities and Equity Accounts Payable 3331 1138 Long-Term Debt Total Liabilities 1469 Total Stockholders Equity Total Liabilities and Equity ON Enter your answer in the answer box and then click Check Answe All parts showing 2205 - O te RNE