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Your boss would like the firm to reach a net income of $750,000 next year. Your cost of goods sold run 30% of sales and

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Your boss would like the firm to reach a net income of $750,000 next year. Your cost of goods sold run 30% of sales and your tax rate is 25% You expect $300,000 in depreciation, $600,000 in fixed operating costs, $220,000 in interest expense, and you plan to pay $250,000 in dividends. What sales level will your firm need to have to reach that income goal? a. $3,314,286 b. $3,028,571 c. $2,885,714 d. $3,171,429

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