A percentage of sales model projects sales to increase by 5% annually over the next 4 years. If costs are forecast at a constant 80% of sales, and this year's income is $1,250, the forecast income in the fourth year will be: Multiple Choice $1,826.15. $1,519.38. $1,595.35. $1,447.03.
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A percentage of sales model projects sales to increase by 5% annually over the next 4 years. If costs are
Multiple Choice
$1,826.15.
$1,519.38.
$1,595.35.
$1,447.03.
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