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The merry co. has current annual sales of $350,000 and a net profit margin of 6%. sales are expected to increase by 5% annually while the profit margin is expected to remain con…

The merry co. has current annual sales of $350,000 and a net profit margin of 6%. sales are expected to increase by 5% annually while the profit margin is expected to remain con…
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The merry co. has current annual sales of $350,000 and a net profit margin of 6%. sales are expected to increase by 5% annually while the profit margin is expected to remain constant. what is the projected after-tax earnings for two years from now?

asked
User Toby Joiner
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8.8k points

1 Answer

2 votes
I believe the answer would be $23,153 hope this helps you.
answered
User Mike DePalatis
by
8.1k points
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