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Poppy, Inc. has current sales of $30,000 and a profit margin of 5.5%. Poppy estimates that sales will decrease by 8% next year and that

Poppy, Inc. has current sales of $30,000 and a profit margin of 5.5%. Poppy estimates that sales will decrease by 8% next year and that all costs will vary in direct relation to sales. What is Poppys next years pro-forma net income?

a. $1,782

b. $1,650

c. $2,400

d. $1,518

e. More information is needed to answer the question

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