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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Chapter 7 Problem 1

Chapter 7 Problem 1

Q Assignment Instructions Requirement: You will complete most of your weekly assignments using Excel. These assignments will reference the concepts learned from your text, from your chapter PowerPoints, and other videos provided for you to view. Please be sure to review the chapter PowerPoints before beginning your assignments. Topic: Using the information provided in Chapter 7 Problem #1, complete parts "a" through "e" using the provided Excel template below. Chapter 7 Problem #1_Student_Name_Template.xls Graded Activity: 1. Read Chapter 7 of your text. 2. Review the PowerPoint for Chapter 7 and any related videos provided for the week. 3. Complete Week 4 Assignment: Chapter 7 Problem #1. Please click on the title link above labeled "Week 4 Assignment: Chapter 7 Problem #1" to enter and submit your work.

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Miss Ellaneous Bakery Projected Income Statement for Pie Line Sales $76,500 Variable Costs 49,500 Fixed Costs 25,000 Earnings Before Interest and Taxes 2,000 Interest Expense 3,500 Earnings Before Taxes (1,500) Taxes (375) Net Income (1,125)