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Sue Bee Honey is one of the largest processors of its product for the retail market. Assume that one of its plants has annual fixed costs totaling $8,000,000 of which $300,000 is for administrative and selling efforts. Sales are anticipated to be 800,000 cases a year. Variable costs for processing are $20 per case; and variable selling expenses are 25 percent of selling price. There are no variable administrative expenses.
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If the company desires a profit of 5,000,000 what is the selling percale
Question 1: Company X offers a 10 year bond that has a coupon rate of 5 percent and semiannual payments. The face value is $1,000 and the YTM is 12.6%. What is the current value of this bond?
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Another client gave her a check for $750 on December 31, 2011, but after the bank had closed. Both the $500 and $750 checks cleared the next year. Explain how much does Sarah have to include in her gross income for 2011?
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