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What is the answer to 38? The Flint Fan Corporation is considering the addition of a new model fan, the F-27, to its current products.

What is the answer to 38?
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The Flint Fan Corporation is considering the addition of a new model fan, the F-27, to its current products. The expected cost and revenue data for the F-27 fan are as follows: If the F-27 is added as a new product, it is expected that the contribution margin of other products will drop by $7,000 per year. If the F-27 product is added next year, the change in operating income should be $30,000 increase $5,000 decrease $23,000 increase $15,000 increase At what selling price would the new product be just breaking even? $52.25 per unit $50.50 per unit $55.75 per unit $49.00 per unit. Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The company's net operating income for the year was: $144,000 $120,000 $80,000 $60,000

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