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The CEO of Dunder-Mifflin is requesting a net income of $5 million for the coming year. The firm has interest expense of $3.5 million, fixed

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The CEO of Dunder-Mifflin is requesting a net income of $5 million for the coming year. The firm has interest expense of $3.5 million, fixed operating costs of $2.5 million, depreciation of $1.2 million, and plans to pay out $500,000 in dividends. If cost of goods sold run 35% of sales and their tax rate is 25%, what sales level will they need to reach the CEO's income goal? $17,487,179 $19,856,410 $22,102,564 $77,714,286 $21,333,333

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