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J Corp reported the following: Units: 485 Sales: $6996 Variable Costs: $473 Fixed Costs: $306 If the company reduces its selling price by $1.57 per
J Corp reported the following:
Units: 485
Sales: $6996
Variable Costs: $473
Fixed Costs: $306
If the company reduces its selling price by $1.57 per unit to generate more sales AND expects the number of units sold to increase by 288 units, what would be the impact on net income?
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