Business, 21.05.2020 23:18, vlactawhalm29

Forecast the income statement assuming the following income statement relations. All percentages (other than sales growth and provision for income tax) are based on percent of forecasted net sales. Sales growth... 5.0% Cost of sales... 68.3% Marketing... 11.2% Technology and development... 9.6% General and administrative... 6.5% Interest expense... No change Interest and other income... No change Provision for income taxes... 34.3%

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Forecast the income statement assuming the following income statement relations. All percentages (ot...