Question: Refer to the 10-K for Gap. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your
1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in mulitions. 2. The company projects the following to oceur in the next facal year: - Accounts payable will increase by 5% : - Other current liabilities are expected to increase by 6%. - Cash flow from operations is expected to decrease by 95. Assume all other items remain unchanged from the prior year Provide the next years forecasted balances for the following accounts and cash flow from operations. 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in mulitions. 2. The company projects the following to oceur in the next facal year: - Accounts payable will increase by 5% : - Other current liabilities are expected to increase by 6%. - Cash flow from operations is expected to decrease by 95. Assume all other items remain unchanged from the prior year Provide the next years forecasted balances for the following accounts and cash flow from operations
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