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Joey starts an ice cream business where his rent and utilities are $24,000 per year. He sells cones for $1.55 and each cone costs $1.07

Joey starts an ice cream business where his rent and utilities are $24,000 per year. He sells cones for $1.55 and each cone costs $1.07 to make. How many cones does he need to sell to breakeven?

Joey asks you to calculate how many cones he needs to sell to reach a profit goal of $52,500. How many cones does he need to sell?

calculate answers in Excel

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