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Bob would like a net income of $550,000 and his tax rate is 25%. His cost of goods sold run 35% of sales and fixed

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Bob would like a net income of $550,000 and his tax rate is 25%. 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

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