Business, 09.02.2022 16:40, mamasbug4285

he CEO is very disappointed with these numbers and would like to see higher sales and a net income of $975,000 in 2022. Assume that in 2022, operating costs (excluding depreciation and amortization) will remain 75% of sales. Also assume that depreciation and amortization and interest expenses will remain constant at 2021 levels. (The tax rate, which is 25%, will remain the same. Note that while the tax rate remains constant, the taxes paid will change.) What level of sales in 2022 would generate $975,000 in net income

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he CEO is very disappointed with these numbers and would like to see higher sales and a net income o...