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Listed below is the 2021 income statement for Tom and Sue Travels, Inc. The CEO of Tom and Sue's wants the company to earn a
Listed below is the 2021 income statement for Tom and Sue Travels, Inc. The CEO of Tom and Sue's wants the company to earn a net income of $2.900 mil 60 percent of net sales, depreciation and other operating expenses are not expect increase to $1.276 million, and the firm's tax rate will be 21 percent. Calculate the net sales needed to produce net income of $2.900 million. (Enter yo decimal places.)
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