Roaring Camp Inc. projects the following numbers for next year: - Sales: $2,500,000 - Costs of goods sold: $1,200,000 - Depreciation: $500,000 - Interest expenses: $100,000 - Net income: $200,000 Part 1 Attempt 3/3 for 10 pts Assume a constant fraction of sales for cost of goods sold, constant depreciation and interest, and a constant tax rate. What level of sales will generate a net income of $400,000 next year
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