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EM Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $165K Variable processing costs are estimated to be $7 per book. The publisher plans to sell single-user access to the book for $48. Build a model to determine profit if the total demand was 7.1K books Use negative numbers to denote a loss. Enter your result as a pure number without the $ symbol Note: "K" means thousands, or 000

EM Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $165K Variable processing costs are estimated to be $7 per book. The publisher plans to sell single-user access to the book for $48. Build a model to determine profit if the total demand was 7.1K books Use negative numbers to denote a loss. Enter your result as a pure number without the $ symbol Note: "K" means thousands, or 000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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EM Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $165K Variable processing costs are estimated to be $7 per book. The publisher plans to sell single-user access to the book for $48 Build a model to determine profit if the total demand was 7.1K books Use negative numbers to denote a loss. Enter your result as a pure number without the $ symbol. Note: "K" means thousands, or 000.
Transcribed Image Text:EM Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $165K Variable processing costs are estimated to be $7 per book. The publisher plans to sell single-user access to the book for $48 Build a model to determine profit if the total demand was 7.1K books Use negative numbers to denote a loss. Enter your result as a pure number without the $ symbol. Note: "K" means thousands, or 000.
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