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Legacy Company is considering the production and sale of a new product with the following sales and cost data: unit sales price $18; unit variable costs $8.10; and total fixed costs of $8,250. Legacy is subject to a 25% tax rate. Determine the dollar sales needed to generate an after-tax income of $33,000
Roman Knoze is considering two investments. Each will cost $20,000 initially. Project 1 will return annual cash flows of $10,000 in each of three years.
market value of shares as on 31st December 1993 Rs. 16,000.
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Specific identification method (62 of the units sold were purchased on April 9, and the remaining units were purchased on May 1).
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