assume the company is operating at full capacity. if we expect sales to increase by 10% next year whats should be the new level of net income?

a) 51352

b) 44623

c) 47928

d) 49562

ASSETS CASH AND MARKETABLE SECURITIES ACCOUNTS RECEIVABLES INVENTORIES 2015 29,000 116.000 145.000 CURRENT ASSETS 290,000 362,000 130,000 NET FIXED ASSETS 232.000 TOTAL ASSETS 522,000 2014 25,000 100.000 125.000 250,000 350,000 100,000 250.000 500,000 E GROSS PLANT AND EQUIPMENTR LESS: ACCUMULATED DEPRECIATION LIABILITIES AND EQUITY ACCOUNTS PAYABLE 90,480 78,000 ACCRURALS 34,800 30,000 NOTES PAYABLE 25,420 34,000 CURRENT LAIBILITIES 150,700 142,000 LONG TERM DEBT 145,000 140,000 TOTAL LIABILITIES 295,700 282.000 COMMON STOCK ($1.00 par) 150,000 150,000 RETAINED EARNINGS 76,30068,000 TOTAL OWNER'S EQUITY 226,300 218,000 TOTAL LIABILITIES AND EQUITY 522,000 500,000 INCOME STATEMENT 2015 2014 NET REVENUES & SALES 100,000 UNITS) COST OF GOODS SOLDES GROSS PROFIT FIXED OPERATING EXPENSES (pre depreciation) EBITDA Earnings Before Interest, Taxes, Depreciation & Amortization DEPRECIATION EXPENSE OPERATING INCOME (EBIT) INTEREST INCOME BEFORE TAXES (EBU) INCOME TAXES (40%) NET INCOME Dividends Retained Earnings NUMBER OF SHARES OUTSTANDING Dividends per share 812,000 700,000 522,000 450,000 290,000 250.000 174,200 151,000 115,800 99,000 30,000 25,000 85,800 74,000 14 500 14.000 71,300 60,000 28,5201 24,000 42,780 36,000 34,480 28,500 8,300 7,500 50,000 50,000 0.856 0 .72