Review problem on projected net income

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Question: A proposed new investment has projected sales of $830.000. Variable costs are 55 percent of sales, and fixed costs are $187.200; depreciation is $93.500. Assume a tax rate of 40 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income $

Reference no: EM132059934

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