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The Lincoln Corporation has current annual sales of $700,000 and a net profit margin of 5%. Sales are expected to increase by 6% annually while

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The Lincoln Corporation has current annual sales of $700,000 and a net profit margin of 5%. Sales are expected to increase by 6% annually while the profit margin is expected to remain constant. What is the projected after-tax earnings for two years from now? A) $46,305 B) $44,100 C) $37,100 D) $39,326

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