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Ogier Incorporated currently has $720 million in sales, which are projected to grow by 8% in Year 1 and by 5% in Year 2. Its
Ogier Incorporated currently has $720 million in sales, which are projected to grow by 8% in Year 1 and by 5% in Year 2. Its operating profitability (OP) is 8%, and its capital requirement (CR) is 75%. Do not round intermediate calculations. Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to two decimal places.
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What are the projected sales in Years 1 and 2?
Sales in Year 1: $ ____________million Sales in Year 2: $ ____________million
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