Manufic has announced this years net income as 832500 it


Manufic has announced this year's net income as $832,500. It expects its net earnings to grow at a rate of 15 percent per year for the next two years, before dropping to 12 percent for each of the following two years. What is the firm's net income after four years? (Round to the nearest dollar.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Manufic has announced this years net income as 832500 it
Reference No:- TGS01367274

Expected delivery within 24 Hours