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  3. a proposed new investment has projected sales of $

A proposed new investment has projected sales of $700,000. Variable costs are 36 percent of...

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Accounting

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A proposed new investment has projected sales of $700,000. Variable costs are 36 percent of sales, and fixed costs are $207,000; depreciation is $96,000. Assume a tax rate of 23 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income

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