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please answer (: Austin Grocers recently reported the following 2021 income statement (in millions of dollars): For the coming year, the company is forecasting 0.35%
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Austin Grocers recently reported the following 2021 income statement (in millions of dollars): For the coming year, the company is forecasting 0.35% incrense in soles, and it expects that its year end operating costs, including depreciation, will equal 60% of sales. Austin's tax rate, interest expense, and dividend poyout ratio are all expected to remain constant: a. What is Austin's projected 2022 net income? Enter your answer in millons. Far example, an answer of $13,000,000 shiould be entered as 13. De not found intermediate calculations. Round your answer to two decimal places. million b. What is the expected growth rate in. Austin's dividends? Do not round intermediate calculatione. Round youn answer to fwe decimal dachs Step by Step Solution
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