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Using our reduced Cost-of-Sales, recalculate the New Net Income for each year. Year Net Sales ($M) Profit/ Loss Cost of Sales ($M) Net Income ($M)
- Using our reduced Cost-of-Sales, recalculate the New Net Income for each year.
Year Net Sales ($M)
Profit/
Loss
Cost of Sales ($M) Net Income ($M)Cost
10%
New Net Income ($M) 9 353 -14% 402 -49 8 1,100 -7% 1,177 -77 7 990 +2% 970 +20 6 780 +1% 772 +8 5 575 -9% 627 -52 4 320 +0% 320 0 3 240 +4% 231 +9 2 120 -14% 137 -17 1 10 -90% 19 -9 $-167m __________
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