## Estimated Earnings with Profit Margin

This formula of projected sales times the projected net profit margin can be used because net profit margin is net income divided by sales. By multiplying net sales and net profit margin, sales will be canceled out which leaves net income(earnings). Again, this is a general concept but calculating the actual estimates are more complex.

## $$sp$$

Here,s=projected sales,p=projected net profit margin

ENTER THE VARIABLES TO BE USED IN THE FORMULA