Under the assumption that KMS's market share will increase by 0.25% per year (and the investment and
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Under the assumption that KMS's market share will increase by 0.25% per year (and the investment and financing will be adjusted as described in Problem 13), you project the following depreciation:
Using this information, project net income through 2015 (that is, reproduce Table 18.8 under the newassumptions).
Transcribed Image Text:
2010 5,492 2012 7,398 2013 7,459 Year 2014 2015 2011 5,443 Depreciation 7,513 7,561 10
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