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New value for v in order to finance the salary increase

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Reference no: EM132347756

Part 1.)

There are seven quarters in a exam prep course at Kaplan.

Total tuition per

student = $70K

Variable cost per student = $10K

Admin overhead =$1mil

Faculty cost = $20K/ quarter

What is Qbe?

Part 2.)

Salaries for faculty must increase 10% raise. If Qbe must remain the same and only V is able to change, what is the new value for V in order to finance the salary increase?

Reference no: EM132347756

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