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QUESTION
14 Income Statement Revenues COGS Selling Cost Depreciation Operating Profit Interesst Earnigs before taxes Taxes Net income Prior Year Current YEAr...
exhibt 3.14 presents the income statement and balance sheet for PartsCo, a$900 million supplier of machinery parts. Next year, the company is expectedto grow revenues by 15 percent to $1,035 million. Using the methodologyoutlined in Exhibit 9.3, forecast next year’s income statement for PartsCo.Assume next year’s forecast ratios are identical to this year’s ratios. Forecastdepreciation as a percentage of last year’s property and equipment. Forecastinterest as a percentage of last year’s total debt.
- Attachment 1
- Attachment 2
