Question
A proposed new investment has projected sales of $670,000. Variable costs are 41 percent of sales, and fixed costs are $189,000; depreciation is $90,000. Assume
| A proposed new investment has projected sales of $670,000. Variable costs are 41 percent of sales, and fixed costs are $189,000; depreciation is $90,000. Assume a tax rate of 22 percent. |
| What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
