Can you please solve using excel - and showing work. Thank you. 1. Rick...
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Can you please solve using excel - and showing work. Thank you.
1. Rick Miles runs a CD-making business. He forecasts demand for his CDs at 5000 for the next year. He charges $20 per CD sold. It costs him $2000 in fixed costs a year to run his business and $2 per CD in variable costs. a. What are Rick's revenues? b. What are Rick's costs? c. Does Rick make a profit
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