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A company wants to earn net income of $300,000. Its tax rate is 30% and its interest expense is $100,000. In addition, cost of goods

A company wants to earn net income of $300,000. Its tax rate is 30% and its interest expense is $100,000. In addition, cost of goods sold is 70% of sales and its depreciation and amortization expenses are $75,000. What must the companys revenue be for it to achieve its goal?

Question 23 options:

1)

$1,903,730

2)

$1,782,271

3)

$2,011,905

4)

$2,643,538

5)

$2,241,774

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