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Denver Springs predicts that this year's sales will total $7,500,000. The selling price for their software is $135 per unit. Variable costs amount to $80
- Denver Springs predicts that this year's sales will total $7,500,000. The selling price for their software is $135 per unit. Variable costs amount to $80 per unit. The firm also has $6,000,000 in bonds outstanding with a coupon interest rate of 11%. Net income is projected to be $139,500. The firm's marginal tax rate is 34%. What is the firm's total fixed costs?
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