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In 2010, Hadicke Company had a break-even point of $350,000 based on a selling price of $7 per unit and fixed costs of $105,000. In 2011, the selling price and the variable cost per unit did not change, but the break-even point increased to $420,000.
Instructions
(a) Compute the variable cost per unit and the contribution margin ratio for 2010.
(b) Compute the increase in fixed costs for 2011.
A company has current assets of $500,000, net income of $10,000, current liabilities of 250,000 and equity of $250,000. What is the current ratio?
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task 1 complete the following questions1. how much needs to be invested today if your goal is to have 100000 five years
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