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allsm [11]
3 years ago
10

A textbook publisher produces a textbook for $25 per book and sells a lot of 160 to the Campus Bookstore for $50 per unit. The b

ookstore sells the textbook new for $75 and used for $60. This edition of the book is used for 2 years (4 semesters). The bookstore sells all textbooks that it has at the beginning each semester, and it repurchases 50% of those at the end of each semester for $30. What is the net profit for the publisher (sales - costs) over the life of this 160-unit lot of textbooks
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
8 0

Answer:

$4,000

Explanation:

The net profit of the publisher over the useful life of the 160-unit lot of textbooks is the difference between his selling price to the bookstore and the cost incurred multiplied by the number of unit.

Hence the net profit of the publisher

= 160( $50 - $25)

= 160 * $25

= $4,000

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Answer:

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Unit selling

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Credit sales collection

40% in this

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For the account receivable at the end of July we considered the 60% oustanding amount i.e $672,000

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A company that is not a commercial bank issues a 10-year bond. it is exempt from sec registration, regardless how sold. the issu
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The issuer must be of the organization where <u>Securities issued by nonprofit organizations are exempt from </u><u>federal registration</u><u>, regardless of how they are sold.</u>

<h3>What is federal registration?</h3>
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To learn more about federal registration with the given link

brainly.com/question/15135734

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1 year ago
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6 0
3 years ago
Below are the account balances for Cowboy Law Firm at the end of December.
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Answer:

<u>Cowboy Law Firm</u>

<u>Income statement for the year ended December.</u>

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