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Suppose that LaPearlas revenues are expected to grow at a rate of 10% and all elements of the income statement and balance sheet are sales-driven
Suppose that LaPearla’s revenues are expected to grow at a rate of 10% and all elements of the income statement and balance sheet are sales-driven except for the tax burden, which remains at 30%. Current profit margin is 22.40% and Sales Revenue is 10 BUSD for 2018. (BUSD=Billion USD) LaPearla’s pro forma net income for 2019 is closest to do it
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