Question: Use the financial statements and additional data provided by management to forecast the firm's Net Income for the projected year. - Sales revenue is expected
Use the financial statements and additional data provided by management to forecast the firm's Net Income for the projected year. - Sales revenue is expected to increase 50%. - Additional investment in fixed assets =$2,500. - Dividend payout ratio =26%. Select one: a. $1,780 b. $2,010 c. $1,770 d. $2,170
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