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Business, 22.02.2021 20:00 babyphoraaaaa
The CEO would like to see higher sales and a forecasted net income of $2,697,300. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 13%. The tax rate, which is 40%, will remain the same. (Note that while the tax rate remains constant, the taxes paid will change.) What level of sales would generate $2,697,300 in net income
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The CEO would like to see higher sales and a forecasted net income of $2,697,300. Assume that operat...
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