Question \#3 (6 marks) Exocet Company's most recent income statement is show below: Prepare a...
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Question \#3 (6 marks) Exocet Company's most recent income statement is show below: Prepare a new income statement under each of the following conditions (consider each case independently): 1. The sales volume(number of units) increases by 20%. 2. The selling price decreases by 50 cents per unit, and the sales volume(number of units) increases by 25% and fixed costs increase $5000. 3. Which option would you recommend
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