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%

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?