Question: Where did I go wrong? It says that the answer is incorrect Global Corp. expects sales to grow by 9% ned year. Using the percent

 Where did I go wrong? It says that the answer is

Where did I go wrong? It says that the answer is incorrect

Global Corp. expects sales to grow by 9% ned year. Using the percent of sales method and the data provided in the given tables forecast the 8. Costs e Accounts receivable 6. Depreciation Inventory . c. Not Income g Property, plant, and equipment d. Cash h. Accounts payablo (Note Intorost expense will not change with a change in sales Tax rate is 26%. a Cosis The forecasted costs excepl depreciation will be $ 1912 million (Round to one decimal place, and enter all numbers as a positive) b. Depredation The forecasted depreciation will be $ 1.3 million (Round to one decimal place and enter all numbers as a positive.) c. Net Income The forecasted net income will be s million (Round to one decimal placut. Data Table 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) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Income (expense) LALA Pre-lax Income Taxes (26) Net Income 185,8 1754 10.4 12 92 Balance Sheet (5 million) Assets Cash Accounts Receivable Inventories Total Current Assets Net Property. Plant, and Equipment Total Assets 133 156 57 B 1123 - 1701 115 -04 1.3 Liabilities and Equity Accounts Payable Long-Term Debt Total liabilities Tool Stockholders' Equity TotalLlabies and Equity 341 113.7 1878 223 170.1 forcasted Net Income Forfastad Salles Forecasted Forecasted pricuntur Expense Parts Cast x100 For Costed Velle Sales 94.4% forecosted Cost Forecasted: 203 x 0.944 = 197.6|| 1754 185.8 forecasted Sales x % Cost of Sales Forcasted Interest 2 Foccasted = Fareasted - Forecastal Forecasted Sales Cost Tax Depnacation 2031191.2243-92 = 2.8. 28x9 26 10173 203 - 11.2-13-57-0.73 Forecasted Net Income 2.07

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