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XYZ Grocers recently reported the following 2 0 1 4 income statement ( in millions of Rupees ) : This year the company is forecasting

XYZ Grocers recently reported the following 2014 income statement (in millions of Rupees):
This year the company is forecasting a 25% increase in sales; and it expects that its year end
operating costs, including depreciation, will equal 70% of sales. XYZ's tax rate, interest expense,
and dividend payout ratio are all expected to remain constant.
Required:
a. What is xYZ's projected 2015 net income?
b. What is the expected growth rate in XYZ's dividends?
c. Critically comments on the results.
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