This quiz is worth 23 points - the points for each individual question is shown below. Also, your responses should be rounded to the nearest dollar. Company A has the current income statement below. Remember to show all your calculations for each question. Assuming a projected increase in sales of 12% annually, a gross profit margin this year of 19.23%, an operating profit margin this year of 15.31% and a called dividend each year of 15% of after tax earnings, {1} complete the income statement below; (3 points]: {2} prepare two subsequent years of pro formas; {5 points] {3} what is the gross profit margin for year 2? {1 point} [-11] what is the operating profit margin for year 2? [1 points] {5} what is the gross profit margin for year 3? {1 point} {5} what is the operating profit margin for year 3? {1 point] {70 what is the compound annual growth rate of dividends from year 1 to year 3'? {3 points} {8] What is the growth rate of the company's after tax earnings from year 1 to 3? {3 points} [9} If the company too 45% of this year's net profits after taxes and invested in a new line of business with anticipated cash flows of $60,000. $65,000, $T5,000 and $90,000 over the next four years, assuming a 10% discount rate, what is the projects NP'v\"? [3 points} [10]: Would you recommend the project considered in question 9 above? Why or why not? [1 point) IIHIE It'll U-UI-II Points out of 23.00 'r,' Flag question Income Statement of Company A Sales Revenue $4,396,223 Less COGS Fixed Costs Variable costs (42%) Gross Profits Less Operating Expenses Fixed Expenses Variable Expenses (2.8%) Operating Profits Less Interest Expense (2.7%) Net Profits before Taxes Less Taxes (21%) Net profits after taxes Less Dividend Increased Retained Earnings