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Your firm has interest expense of $50,000, operating costs of $110,000, and depreciation of $80,000. If your cost of goods sold run 40% of sales
Your firm has interest expense of $50,000, operating costs of $110,000, and depreciation of $80,000. If your cost of goods sold run 40% of sales and your tax rate is 33%, what is the minimum sales level you can have to avoid a negative net income?
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