Last year Zapatera had $12 million in sales with net income of $1.2 million. The firm anticipates that next year's sales will reach $15 million with net income rising to $2 million. Given its present high rate of growth, the firm retains all its earnings to help defray the cost of new investments.
Last year Zapatera had $12 million in sales with net income of $1.2 million. The firm anticipates that next year's sales will reach $15 million with net income rising to $2 million. Given its present high rate of growth, the firm retains all its earnings to help defray the cost of new investments.