Question
A company has the following data on it's income statement for this year: $ (m) % Sales 500.00 100.00% COGS 325.00 65.00% Op. Exp. 32.50
A company has the following data on it's income statement for this year:
| $ (m) | % | |
| Sales | 500.00 | 100.00% |
| COGS | 325.00 | 65.00% |
| Op. Exp. | 32.50 | 6.50% |
| Int. Exp. | 25.00 | 5.00% |
| Taxes | 41.13 | 8.23% |
| NI | 76.38 | 15.28% |
Assume that revenues will increase by 10% next year, the company conducts no additional debt issues, and tax rates remain the same.
What will be the projected Net Income and Profit Margin next year?
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
