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Cline Incorporated is expanding into the widget market. The sales price for each widget is estimated to be $13.00, give or take 5 percent The
Cline Incorporated is expanding into the widget market. The sales price for each widget is estimated to be $13.00, give or take 5 percent The quantity of widgets sold is expected to be 13,000, plus or minus 3 percent. The expected variable cost per unit is $8.00 and the expected fixed cost is $36,000. The fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. The depreciation expense is $32,000. The tax rate is 34 percent. What is the net income under the worst case scenario? Multiple Choice O $-19,990.50 O $-28,126.63 Prey 11 of 34 Net
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