The CEO of Dunder-Mifflin is requesting a net income of ( $ 5 ) million for the coming year. The firm has interest expense of ( $ 3.5 ) million, fixed operating costs of ( $ 2.5 ) million, depreciation of ( $ 1.2 ) million, and plans to pay out ( $ 500,000 ) in dividends. If cost of goods sold run ( 35 % ) of sales and their tax solutionspile.com

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The CEO of Dunder-Mifflin is requesting a net income of  (  $ 5  ) million for the coming year. The firm has interest expense of  (  $ 3.5  ) million, fixed operating costs of  (  $ 2.5  ) million, depreciation of  (  $ 1.2  ) million, and plans to pay out  (  $ 500,000  ) in dividends. If cost of goods sold run  ( 35  %  ) of sales and their tax rate is  ( 25  %  ), what sales level will they need to reach the CEO's income goal?  (  $ 17,487,179  )  (  $ 19,856,410  )  (  $ 22,102,564  )  (  $ 77,714,286  )  (  $ 21,333,333  ) solutionspile.com

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