2010 (1+25.01%)*3,814,000=4,767,881 (1+25.01%)*4,767,881=5,960,328 (1+25.01%)* 5,960,329=7,451,007 Q2: Net income growth in 2007 = ((current year's net income - last year's net income)/last year's net income)x100 = ((1,150,000 – 766,000)/766,000)*100 = 50.13% So, the forecasted sales are 2008 2009 2010 (1+50.13%)*1,150,000=1…
Words 364 - Pages 2