What is the company forecast for net income

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Bruto's sales for year 2016 were $99.05 millions of dollars. For that year the cost of sales without depreciation was 20%, the value of depreciation was 7% the value of sales, and interest expense was 15 millions of USD.Assuming that the income tax for the company is 35%, that sales are expected to increase in 35%, and that interest expense will remain constant at the 2016 levels, what is the company's forecast for Net Income in 2017, in millions of dollars? Note: Express the terms of your answer strictly numerical terms."

Reference no: EM131545769

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