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Be sure your inputs are set to the following as assigned in the problem: Plant Cost $4,000,000 year 0 Sales (units) 80,000 year 1 Selling

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Be sure your inputs are set to the following as assigned in the problem: Plant Cost $4,000,000 year 0 Sales (units) 80,000 year 1 Selling Price $25 each Sales Growth per year Variable Costs 45% of revenue SG&A 50% of revenue SG&A Declines 4% per year Depreciation 5 years, straight-line Tax Rate 38% What is the Sales Growth percentage that results in total net income closest to O? Report your answer to the nearest 0.1% with no extra words or punctuation. Examples of Correct Answers: 30.0% 22.3% Examples of Incorrect Answers: 30.02% 30.0 22% The percentage is 22.3%

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