a. Costs b. Depreciation c. Net Income d. Cash e. Accounts Receivable f. Inventory g. Property, Plant, and Equipment 50.00% 3.00% 30.42% 7.50% 1.00% 2.00% 5.00% $110,000 $6,600 $66,924 $16,500 $2,200 $4,400 $11,000 Evaluate: Each of the financial line items will grow in proportion to forecasted sales. 5. Plan: Use the percentage of sales method to forecast next year's stockholder's equity and . Income Statement Balance Sheet Sales Costs Except Depr. EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income 200,000 (100,000) 100,000 (6,000) 94,000 (400) 93,600 (32,760) 60,840 Assets Cash and Equivalents 15,000 Accounts Receivable 2,000 Inventories 4,000 Total Current Assets 21,000 Property, Plant, and Equipment 10,000 Total Assets 31,000 Liabilities and Equity Accounts Payable 1,500 Debt 4,000 Total Liabilities 5,500 Stockholders' Equity 25,500 Total Liabilities and Equity 31,000 1 raccia a. Costs b. Depreciation c. Net Income d. Cash e. Accounts Receivable f. Inventory g. Property, Plant, and Equipment 50.00% 3.00% 30.42% 7.50% 1.00% 2.00% 5.00% $110,000 $6,600 $66,924 $16,500 $2,200 $4,400 $11,000 Evaluate: Each of the financial line items will grow in proportion to forecasted sales. 5. Plan: Use the percentage of sales method to forecast next year's stockholder's equity and . Income Statement Balance Sheet Sales Costs Except Depr. EBITDA Depreciation EBIT Interest Expense (net) Pretax Income Income Tax Net Income 200,000 (100,000) 100,000 (6,000) 94,000 (400) 93,600 (32,760) 60,840 Assets Cash and Equivalents 15,000 Accounts Receivable 2,000 Inventories 4,000 Total Current Assets 21,000 Property, Plant, and Equipment 10,000 Total Assets 31,000 Liabilities and Equity Accounts Payable 1,500 Debt 4,000 Total Liabilities 5,500 Stockholders' Equity 25,500 Total Liabilities and Equity 31,000 1 raccia