2. What level of sales would generate a net income of $4.2m for the following year, knowing that operating costs (excl. depreciation and amortization) will increase by 7.5%, and given 35% tax rate. Input your final answer here.

2. What level of sales would generate a net income of $4.2m for the following year, knowing that operating costs (excl. depreciation and amortization) will increase by 7.5%, and given 35% tax rate. Input your final answer here.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter10: Project Cash Flows And Risk

Section: Chapter Questions

Problem 6PROB

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Answer question 2 alone with a detailed explanation.

2. What level of sales would generate a net income of $4.2m for the following year, knowing
that operating costs (excl. depreciation and amortization) will increase by 7.5%, and given
35% tax rate.
Input your final answer here.

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