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What is the following firm's projected net income for next year under the percentage of...

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What is the following firm's projected net income for next year under the percentage of sales method if the firm expects 10% sales growth? Revenues - Cost of sales - SG&A expenses - Depreciation EBIT - Interest expense Taxable income - Taxes (40%) Net Income 84,000 53,500 8,500 7,200 14,800 2,300 12.500 5,000 7,500 O $5,592 $6,921 O $8,250 $8,388 $8,526

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