Your company had sales of $100,861 this year and cost of goods sold of $80,483....
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Accounting
Your company had sales of $100,861 this year and cost of goods sold of $80,483. The company's depreciation was 6,871, the Net Income was 17,141. Cash was 27,198. Accounts Receivable was 9,467 and Inventory was 3,764 You forecast sales to increase to $153,543 next year. Using the percent of sales method, forecast next years Cash?
NOTE: Submit your answers with 4 decimals after the dot.
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