1. 3-15. Income Statement Hermann Industries is forecasting the following income statement: A-Z Easy Problems 15-18

1. here to search 3-15. Income Statement Hermann Industries is forecasting the following income statement: qxrating C.ts excluding depreciation & amortization EBITDA and amortization EBIT Interest Taxes (40%) Net income Easy problems 15-18 ssujo,mo The CEO would like to see higher sales and a forecasted net income of Assume that operating costs (excluding depreciation and amortization) are of sales and that depreciation 29C The CEO would like to see higher sales and a forecasted net income of. Assume that operating costs (excluding depreciation and amortization) are of sales and that depreciation and amortization and interest expenses will increase by . The tax rate, which is , will remain the same. (Note that while the tax rate remains constant, the taxes paid will change.) What level of sales would generate in net income?