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What sales level will be necessary to achieve the net income

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Reference no: EM132857297

Question - Your boss wants a target net income of $5 million. Your tax rate is 35%, interest expense is $1.5 million, depreciation is $2 million and your other operating costs run 45% of sales. What sales level will be necessary to achieve the net income your boss wants?

Reference no: EM132857297

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