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You know your cost of goods sold is 4 5 % of sales and your tax rate is 3 5 % . Interest expense will

You know your cost of goods sold is

45 %

of sales and your tax rate is

35 % .

Interest expense will be $

500, 000

and depreciation will be $

300, 000 .

What sales level will be necessary to get to the net income your boss wants?

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