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Bindle-Featherston Company has a new product. It estimates that first year sales will result in 150,000 units sold and a growth rate of 12.3 per
Bindle-Featherston Company has a new product. It estimates that first year sales will result in 150,000 units sold and a growth rate of 12.3 per year. The sales price is $25 per unit and will increase by 5% per year. The fixd costs are $200000 per every 100,000 units and variable costs are $10 per unit. Variable costs will increase by 34 per year due to increased material and labor costs. What is the profit expected in year three? Muttole Choice $2.279.600.00 $2.422.400.00 $2789.97056 52.9633056
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