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The CEO of Tom and Sue's wants the company to earn a net income of $3.25 million in 2010. Cost of goods sold is expected to be 60 percent of net sales, depreciation expense is $2.9 million, interest expense is expected to increase to $1.050 million, and the firm's tax rate will be 30 percent. Calculate the net sales needed to produce net income of $3.25 million.
Dibromo
A prefix indicating the presence of two bromine atoms in a molecule, often used to describe compounds in organic chemistry.
Bromoalkane
A halogenated compound in which a bromine atom is attached to an alkane.
Dichlorocyclopentane
A cyclic hydrocarbon with a five-membered ring structure, featuring two chlorine atoms attached to the ring.
Primary Alkyl Halide
An alkyl halide where the halogen atom is bonded to a carbon atom with only one other carbon atom attached, making it primary.
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