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Suppose that LaPearla’s revenues are expected to grow at a rate of 10% and all elementsof...

Suppose that LaPearla’s revenues are expected to grow at a rate of 10% and all elementsof the income statement and balance sheet are sales-driven except for the tax burden,which remains at 30%. Current profit margin is 22.40% and Sales Revenue is 10 BUSD for 2018. (BUSD=Billion USD) LaPearla’s pro forma net income for 2019 is closest to


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Net income for 2019 is 1.7248 billion USD.

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