Question: Fisher Publishing Inc. is doing a financial feasibility analysis for a new book. Editing and preproduction costs are estimated at $ 4 5 , 0
Fisher Publishing Inc. is doing a financial feasibility analysis for a new book. Editing and preproduction costs are estimated
at $ The printing costs are a flat $ for setup plus $ per book. The author's royalty is of the publisher's
selling price to bookstores. Advertising and promotion costs are budgeted at $
a If the price to bookstores is set at $ how many books must be sold to break even? Round the answer up to the
nearest whole number.
Number of books
books
b The marketing department is forecasting sales of books at the $ price. What will be the net income from the
project at this volume of sales?
Net income
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