Question: Daisey's Doughnuts and Gourmet Coffee is considering a new store location. The projected fixed annual cash operating costs for a store are $435,000 a year,
Daisey's Doughnuts and Gourmet Coffee is considering a new store location. The projected fixed annual cash operating costs for a store are $435,000 a year, variable costs are 52 percent of sales, and taxes are 29% of pretax income. What is the annual net income break-even level of sales (in dollars) for this store location?
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