J's Express expects sales to grow by 9.7% rest year Using the following statements and the...

 

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J's Express expects sales to grow by 9.7% rest year Using the following statements and the percent of sales method, forecast a. Costs b. Depreciation c. Net Income d. Cash e.Accounts receivable 1. Inventary 9. Property plant, and equipment (Note Make sure to sound all intermediate calculations to at least five decimal places) a. Cont The forecasted costs will be (Round to the nearest dollar and enter all numbers as positive) Data table Click on the icons located on the top right corners of the data tables below to copy their contents into a spreadsheet Sales Conts Except Depreciation EBITDA Depreciation Income Statement EBIT Interest Expense (net) Pre-tax income Income Tax Net Income C $209,646 (99.900) $109.660 (5.930) $103.750 (220) $103.530 (36.236) 567294 Print Belance Sheet Assets Cash and Equivalents Accounts Receivable Inventaries Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Equity Accounts Payable Debt Total Liabities Stockholders' Equity Total Liabilities and Equity Done $15.100 2.000 4.100 $21.200 10,050 $31.250 $1.570 4,100 $5,070 25,500 $31.250 1 J's Express expects sales to grow by 9.7% rest year Using the following statements and the percent of sales method, forecast a. Costs b. Depreciation c. Net Income d. Cash e.Accounts receivable 1. Inventary 9. Property plant, and equipment (Note Make sure to sound all intermediate calculations to at least five decimal places) a. Cont The forecasted costs will be (Round to the nearest dollar and enter all numbers as positive) Data table Click on the icons located on the top right corners of the data tables below to copy their contents into a spreadsheet Sales Conts Except Depreciation EBITDA Depreciation Income Statement EBIT Interest Expense (net) Pre-tax income Income Tax Net Income C $209,646 (99.900) $109.660 (5.930) $103.750 (220) $103.530 (36.236) 567294 Print Belance Sheet Assets Cash and Equivalents Accounts Receivable Inventaries Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Equity Accounts Payable Debt Total Liabities Stockholders' Equity Total Liabilities and Equity Done $15.100 2.000 4.100 $21.200 10,050 $31.250 $1.570 4,100 $5,070 25,500 $31.250 1

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To forecast the items using the percent of sales method we will first calculate the expected values based on the projected sales growth of 57 Then we ... View the full answer