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What you know: New engraver cost: $25,000 One-year loan cost: 12% interest Revenue per day from engraving: $975 Profit margin on engraving: 25% Potential days lost, if engraver breaks: 18
A) Amount of net profit that could be lost if the engraver breaks ?
B) How long it will take to pay for the engraver if the entire net profit is allocated toward paying for it?
mian sells american gourmet foods to merchandisers in singapore. prepare the journal entries for mian to record the
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