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You are hoping that your firm can show a net income of $150,000 next year. Your total operating costs generally run 35% of sales and

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You are hoping that your firm can show a net income of $150,000 next year. Your total operating costs generally run 35% of sales and interest expense is $35,000. Your tax rate is 25% and you expect depreciation of $62,000. What sales level will you most likely need to achieve your net income goal? A. $456,923 B. $1,072,308 C. $1,991,429 D. $848,571

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