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A forecast using a percentage of sales model expects sales to increase by 5.7% annually over the next 4 years. If costs are proportional to

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A forecast using a percentage of sales model expects sales to increase by 5.7% annually over the next 4 years. If costs are proportional to sales at 75%, and last year's sales were $1,700, the net income in the fourth year will be: (Do not found intermediate calculations.) Multiple Choice $501.9 $433.26 $336.02 $530.50

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