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Fresno Salads has current sales of $6,000 and a profit margin of 6.5 percent.
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?
- $303.33
- $438.70
- $327.18
- $405.60
- $441.10