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At the end of last year, Edwin Inc. reported the following income statement ( in millions of dollars ) : Sales: $ 4 , 1
At the end of last year, Edwin Inc. reported the following income statement in millions of dollars:
Sales: $
Operating costs excluding depreciation:
EBITDA: $
Depreciation:
EBIT: $
Interest:
EBT: $
Taxes :
Net income: $
Looking ahead to the following year, the company's CFO has assembled this information:
Year end sales are expected to be higher than $ billion in sales generated last year.
Year end operating costs, excluding depreciation, will equal of sales.
Depreciation costs are expected to increase at the same rate as sales.
Interest costs are expected to remain unchanged.
The tax rate is expected to remain at
On the basis of this information, what will be the forecast for Edwin's yearend net income? Enter your answers in millions. For example, an answer of $ should be entered as
Sales :
Operating costs excluding depreciation :
EBITDA:
Depreciation :
EBIT :
Interest :
EBT :
Taxes :
Net income :
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