Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Textbook Question
Chapter 21, Problem 6R
Reset cells to their initial values. Sweet Pleasures, Inc., is considering undertaking a $1,200 per month advertising campaign to promote Sweet Pleasures chocolate as exclusive and extraordinarily tasty. What price (dollars and cents) would Sweet Pleasures have to charge for each box to be able to pay for the campaign, pay back the $10,000 note, and have $15,000 left over at the end of April? (Try different prices in cell C9.)
Sales price $___
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Check out a sample textbook solutionChapter 21 Solutions
Excel Applications for Accounting Principles
Ch. 21 - On January 1, Sweet Pleasures, Inc., begins...Ch. 21 - Open the file CASHBUD from the website for this...Ch. 21 - Can the 10,000 note be repaid on May 1? Explain.Ch. 21 - Prob. 4RCh. 21 - The following four suggestions have been made to...Ch. 21 - Reset cells to their initial values. Sweet...Ch. 21 - Prob. 7R
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