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A firm predicts that this year's sales will total $6,051,279. The selling price for their software is $118 per unit. Variable costs amount to $75
A firm predicts that this year's sales will total $6,051,279. The selling price for their software is $118 per unit. Variable costs amount to $75 per unit. The firm also has $5,000,000 in bonds outstanding with a coupon interest rate of 10%. Net income is projected to be $145,884. The firm's marginal tax rate is 21%. What is the firm's total fixed costs?
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