Question: AS Moving to another question will save this response. Question 37 From the following data, forecast the net income for 2020. 2019 sale is $5,000.

AS Moving to another question will save this response. Question 37 From the following data, forecast the net income for 2020. 2019 sale is $5,000. Sale is expected to grow by 25%. COGS is 30% of sales. Operating expense is 50% of sales. Tax rate is 40%. Interest expense is 5% of debt. Debt balance is $ 500. $ 765 $490 5490 $ 735

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