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Chapter 7 Problem 3

Chapter 7 Problem 3

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 #3, complete parts "a" through "c" using the provided Excel template below. Chapter 7 Problem #3_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 #3. Please click on the title link above labeled "Week 4 Assignment: Chapter 7 Problem #3" to enter and submit your work.

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Part a: Bell's Domestics Junior's Used Europe's Best Industry Average Average Selling Price $40,000 $30,875 $59,460 $37,500 Unit Sales 1,512 1,832 872 1,265 Interest Expense 816,750 1,089,000 3,267,000 1,633,500 Variable Costs (% of Sales) 60% 45% 40% 48% Fixed Costs 9,900,000 6,930,000 19,800,000 10,890,000 Preferred Dividends 815,000 - 452,000 315,000