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Fresno Salads Has Current Sales of $6,000 and a Profit

Question 9

Multiple Choice

Fresno Salads has current sales of $6,000 and a profit margin of 6.5 percent. The firm estimates that sales will increase by 4 percent next year and that all costs will vary in direct relationship to sales. What is the pro forma net income?


A) $303.33
B) $327.18
C) $405.60
D) $438.70
E) $441.10

Correct Answer:

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