Taurus Corp. had sales of $35 million in 2016 and is expected to have sales of $51,230,000
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Taurus Corp. had sales of $35 million in 2016 and is expected to have sales of $51,230,000 for 2017. The company’s net profit margin was 4% in 2016 and is expected to increase to 6% by 2017. Estimate the company’s net profit for 2017.
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Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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