A proposed new investment has projected sales of 835000, Ask an Expert

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A proposed new investment has projected sales of $835,000. Variable costs are 55 percent of sales, and fixed costs are $187,450; depreciation is $96,000. Assume a tax rate of 30 percent.

What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92074160

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