4 A proposed new investment has projected sales of $725,000. Variable...
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Accounting
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A proposed new investment has projected sales of $725,000. Variable costs are 41 percent of sales, and fixed costs are $222,000, depreciation is $101,000. 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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