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Save Homework: Chapter 9 Homework Score: 0 of 1 pt 3 of 9 (5 complete) P 9-5 (similar to) HW Score: 34.72%, 3.13 of 9

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Save Homework: Chapter 9 Homework Score: 0 of 1 pt 3 of 9 (5 complete) P 9-5 (similar to) HW Score: 34.72%, 3.13 of 9 pts Question Help Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi plans to spend $6.5 milion on TV, radio, and print advertising this year for the campaign. The ads are expected to boost sales of the Mini Mochi Munch by $9.2 million this year and $72 million next year. In addition, the company expects that new consumers who try the Mini Mochi Munch will be more likely to try Kokomochi's other products. As a result, sales of other products are expected to rise by $2.1 million each year. Kokomochi's gross profit margin for the Mini Mochi Munch is 34%, and its gross profit margin averages 22% for all other products. The company's marginal corporate tax rate is 35% both this year and next year. What are the incremental earnings associated with the advertising campaign? Complete the table below: (Round to the nearest dollar) Year 1 Incremental Earnings Forecast Sales of Mini Mochi Munch Other Sales Cost of Goods Sold Gross Profit Selling, General, and Admin. Expenses Depreciation EBIT Income tax at 35% Inco Unlevered Net Income Enter any number in the edit fields and then click Check Answer - part remaininn Clear All Check Answer javascript dotxercise (31

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