Please solve this prolem


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Please solve this prolem #3

The net profits of a company for the stated years were as follows:



Sales $100,000 (2004) 200,000 (2005)

Costs $70,000 (2004) 120,000 (2005)



Calculate the expected net profit for 2006 based on budgeted sales of USD. 300,000. You are required to make a presumption in answering this question.
 
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