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Bob would like a net income of $500,000 and his tax rate is 22%. His cost of goods sold run 35% of sales and fixed

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Bob would like a net income of $500,000 and his tax rate is 22%. His cost of goods sold run 35% of sales and fixed operating costs are $300,000. With depreciation of $175,000 and interest expense of $120,000, what sales level will be necessary for him to reach his goal? $1,901,578 $8,193,506 $1,749,014 $1.440,039 $1,886,193

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