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Bruto's sales for year 2019 were $110 millions of dollars. For that year the cost of sales without depreciation was 25%, the value of depreciation
Bruto's sales for year 2019 were $110 millions of dollars. For that year the cost of sales without depreciation was 25%, the value of depreciation was 8% the value of sales, and interest expense was 25 millions of USD.Assuming that the income tax for the company is 35%, that sales are expected to increase in 35%, and that interest expense will remain constant at the 2019 levels,.
what is the company's forecast for Net Income in 2020, in millions of dollars?
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