QUESTION 10 Anita Lupino is planning to open her own toy and game shop. She has conducted a great deal of research at the local library, contacted the industry trade association, and has set up a meeting with a consultant at the SBDC next week before she goes to the SRDC she wants to sketch out and income statement. She reviews the following data Costs of goods sold 35 percent of net sales Operating expenses 25 percent of net sales Gross profit 65 percent of net sales of Anita's net profit target : 575,000 what level of net sales must she achieve? $30,000 $49.750 $115.385 $187.500