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 | 10.00% |
| 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?
a. $86.51, 15.73%
b. $84.01m, 15.28%
c. $85.64m, 15.57%
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Financial Regulation In The Global Economy
Authors: Richard J. Herring , Robert E. Litan
1st Edition
0815791550, 9780815752837, 9780815791553
