Question: The table given below summarizes the 2 0 2 2 income statement and end - year balance sheet of Drake's Bowling Alleys. Drake's financial manager
The table given below summarizes the income statement and endyear balance sheet of Drake's Bowling Alleys. Drake's financial manager forecasts a increase in sales and costs in The ratio of sales to average assets is expected to remain at Interest is forecasted at of debt at the start of the year.
tabletableIncome$ intableStatementthousandsSales$ of average,assetsaCosts of salesInterest of debt atstart ofyear
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