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Question 14 2.1 points Save Answer If the average selling price per unit is $40.00, the average variable expense per unit is $30.00 and total

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Question 14 2.1 points Save Answer If the average selling price per unit is $40.00, the average variable expense per unit is $30.00 and total fixed expenses are $160,000, how many dollars must sales revenues be to achieve a target profit of $40,000 ? $50,000 $160,000 $640,000 $800,000 Question 15 2.1 The Hanna Company uses straight-line depreciation and is considering a capital expenditure for which the following relevant cash flow data have been estimated: Estimated useful life Initial Investment Cash savings Year 1 Cash savings Year 2 Cash savings Year 3 Residual value after 3 years 3 years $450,000 $210,000 $150,000 $225,000 $0 The accounting rate of return is closest to 20% 39% 30% 17%

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