A proposed new investment has projected sales of 830000


A proposed new investment has projected sales of $830,000. Variable costs are 55 percent of sales, and fixed costs are $187,200; depreciation is $93,500. Assume a tax rate of 40 percent. What is the projected net income?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A proposed new investment has projected sales of 830000
Reference No:- TGS01724090

Expected delivery within 24 Hours