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10. Describe the assumptions made to simplify the cost-volume-profit analysis described in the chapter. 11. What is sensitivity analysis and how might it help

10. Describe the assumptions made to simplify the cost-volume-profit analysis described in the chapter. 11. What is sensitivity analysis and how might it help those performing cost-volume-profit analysis? 12. Review "Business in Action 6.2". What were the owners concerned about with regard to projected profits? What were the results of the calculations made to address the owners' concerns? 13

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