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A proposed new investment has projected sales of $725,000. Variable costs are 41 percent of sales, and fixed costs are $222,000; depreciation is $101,000. Assume
A proposed new investment has projected sales of $725,000. Variable costs are 41 percent of sales, and fixed costs are $222,000; depreciation is $101,000. Assume a tax rate of 23 percent. points What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Skipped Net income eBook Print References
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