Jim's expresso expects sales to grow by 9.9% next year. Using the following statements. and the...

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Finance

Jim's expresso expects sales to grow by 9.9% next year. Usingthe following statements. and the percent of sales method,forecast:
a. Costs
b.Depreciation
c. Net Income
d. Cash
e. Accounts Receivable
f. Inventory
g. Property, plant, and equipment
Income Statement
Sales . $194,890
Costs Except (99,240)
EBITDA $95,650
Depreciation (5,940)
EBIT $89,710
Interest Expense (net) (210)
Pre-tax Income $89,500
Income Tax (31,325)
Net Income $58,175
Balance Sheet
Assets
Cash and Equivalents $15,050
Accounts Receivable 1,980
Inventories 3,940
Total Currents Assets $20,970
Property. Plant, and Equipment 10,040
Total Assets $31,010
Liabilities and Equity
Accounts Payable $1,450
Debt 4,050
Total Liabilities $5,500
Stockholders' Equity 25,510
Total Liabilities and Equity $31,010

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3.8 Ratings (713 Votes)

As per rules I am answering the first 4 subparts of thequestiona Costs Present costs10099 See Answer

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Jim's expresso expects sales to grow by 9.9% next year. Usingthe following statements. and the percent of sales method,forecast:a. Costsb.Depreciationc. Net Incomed. Cashe. Accounts Receivablef. Inventoryg. Property, plant, and equipmentIncome StatementSales . $194,890Costs Except (99,240)EBITDA $95,650Depreciation (5,940)EBIT $89,710Interest Expense (net) (210)Pre-tax Income $89,500Income Tax (31,325)Net Income $58,175Balance SheetAssetsCash and Equivalents $15,050Accounts Receivable 1,980Inventories 3,940Total Currents Assets $20,970Property. Plant, and Equipment 10,040Total Assets $31,010Liabilities and EquityAccounts Payable $1,450Debt 4,050Total Liabilities $5,500Stockholders' Equity 25,510Total Liabilities and Equity $31,010