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Anthony Walker is a young entrepreneur preparing to start a company that will sell floating lounge chairs for use in private pools. As part of
Anthony Walker is a young entrepreneur preparing to start a company that will sell floating lounge chairs for use in private pools. As part of a loan package, the bank has asked him to prepare a business plan that includes a breakeven analysis. The lounge chairs will sell for $61 each and variable costs per unit are expected to be $41. Anthony anticipates incurring $605,000 in fixed costs per year. \ if anthony wants to generate annual operating income of $60,000, how many lounge chairs must he sell
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