Based on the scenario information, what are the projected revenues for Foot Locker in 2023?

Based on the scenario information, what is the projected cost of goods sold for Foot Locker in 2023?

Based on the scenario information, what is the projected net profit for Foot Locker in 2023?

Based on the scenario information, what are the projected current assets for Foot Locker in 2023?

Based on the scenario information, what are the projected total assets for Foot Locker in 2023?

Based on the scenario information, what are the projected current liabilities for Foot Locker in 2023?

Based on the scenario information, what are the projected total liabilities for Foot Locker in 2023? (Do your projected total assets and total liabilities + stockholders equity equal?)

A B C D E Scenario Foot Locker plans to close up to 400 brick-and-mortar stores and put more emphasis on online sales. Below, we estimate the following will occur as a result of this major strategic decision. Income Statement In comparison to 2022, in-store sales will decrease by $450 million, but online sales will increase by $100 million. Cost of goods sales will decrease to 65% of total revenues as a result of selling more products online at lower costs. Sales, general, and administrative expenses will remain flat to 2022 with more emphasis on online sales and less emphasis on in-person sales. Income taxes will equal 34% of income before income taxes. Batance Sheet In-store inventory will decrease by $200 million with fewer stores in comparison to 2022. Property and equipment used in these stores will decrease by $100 million with the store closures. 14 Operating lease rights-of-use will decrease by $240 million with fewer leases. 15 Accounts payable and accrued liability will each decline by $50 million. 16 Current portion of leases will also decline by $100 million with fewer leases. 17 Long-term debt will shrink by $240 milion with store closures. 18 Retained eaming as a result of fewer stores will decrease by $100 million