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onetouch onetouch
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2 years ago
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?

▸ $46,305

▸ $44,100

▸ $37,100

▸ $39,326
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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kyuhalee1kyuhalee1
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2 years ago
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