demic Honesty. estion 4 Section A Iyet wered ked out of 0 The manager of ABC Inc. targets to earn a net income of $6.5 in 2020. Firm's tax rate will be 30 percent, interest expense is expected to increase to $2.3, depreciation expense is $5.8, and the cost of goods sold is expected to be 60 percent of net sales. Calculate the net sales needed to produce net income of $6.5. Flag