Fresno Salads Has Current Sales of $6,000 and a Profit

question 9

Multiple Choice

Fresno Salads has current sales of $6,000 and a profit margin of 6.5 percent. The firm estimates that sales will increase by 4 percent next year and that all costs will vary in direct relationship to sales. What is the pro forma net income?

• A) $303.33
• B) $327.18
• C) $405.60
• D) $438.70
• E) $441.10

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