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Last month, a startup had the following income statement: TABLE A1 Income Statement Revenue $10,000 $4.000 50.000 $2.000 Cost of Goods Sold Gross Profit (Sales.
Last month, a startup had the following income statement: TABLE A1 Income Statement Revenue $10,000 $4.000 50.000 $2.000 Cost of Goods Sold Gross Profit (Sales. General and Administrative - Marketing Research and Development Depreciation and Amortization Operating Profit - Interest Expense $1.000 $500 $250 $2.250 $100 $675 Net Income 31.475 By the end of this month, the startup's EBITDA will have doubled. Assuming all other variables will have remained the same, the startup's net income by the end of this month is projected to be which of the following? $1,475.00 $2,950.00 O $3.975.00 $737.50
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