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Cookies Co. has current annual sales of $120,000 and a net profit margin of 8%. Sales are expected to increase by 5% annually while the

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Cookies Co. has current annual sales of $120,000 and a net profit margin of 8%. Sales are expected to increase by 5% annually while the profit margin is expected to remain constant. What is the projected after-tax earnings two years from now? $13,230 $12,300 O $11.923 $10,584

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