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The selling price of a particular product is $38.00 per unit, fixed costs total $175,000, and the breakeven sales in dollars is $875,000, what will the variable expense per unit be?
a. $152.00
b. $7.60
c. 30.40
Columbus Clinic expects to receive $10,000 five years from now. If the clinic's cost of capital is 12% per year, what is the value of the $10,000 three years from now (to the nearest dollar)?
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