Question 35 Consider the following income statement. The CEO wants to soe 2,000,000 in net...
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Question 35 Consider the following income statement. The CEO wants to soe 2,000,000 in net inoome and has asked you to redo it (see "Desired Pron Assume operating costs are 55% of sales. Depreciation and interest e xpense wil' increase by 10%. The tax rate is 40% and wil ren an te same. urrent ales 400,000 ,600,000 0,000 2,800,000 ? rTDA BIT INT BT Taxes 1,320,000 2000,000 O10,333,333.33 O10,133,333.33 O 10,426,936.24 O 10,829,629.63 O10,982,322.87
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