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The CFO of General Company has just given you the companys FY 2020 income statement plus the assumptions for the FY 2021 projected income statement
The CFO of General Company has just given you the companys FY 2020 income statement plus the assumptions for the FY 2021 projected income statement in the attachment below. Based on the given 2020 income statement and 2021 assumptions, construct the companys 2021 projected income statement (to 2 decimal places) and answer the following question. You may use the attached spreadsheet to calculate your answer.
What is the 2021 projected net income?
$7,235.82 | ||
$7,781.94 | ||
$5,875.00 | ||
$7,885.82 |
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