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Llama, Inc. (LI) provides instructional services to its customers. LI charges $200 per student. The Company expects to serve 500 students during the coming year.
Llama, Inc. (LI) provides instructional services to its customers. LI charges $200 per student. The Company expects to serve 500 students during the coming year. All of the Company's expenses are fixed. Total annual fixed cost are projected to be $60,000. If the estimated number of students decreases by 10%, net income will
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