The first four steps in the legal reasoning model are referred to as the critical thinking components

If the price increase is implemented, operating profit is projected to ________

Contrafic Lighting manufactures small flashlights and is considering raising the price by 75 cents a unit for the coming year. With a 75-cent price increase, demand is expected to fall by 7,000 units. Current Projected Demand 75,000 units 68,000 units Selling price $8.50 $9.25 Incremental cost per unit $4.80 $4.80 A) increase by $25,100 B) decrease by $5,250 C) increase by $5,250 D) decrease by $7,000

The depletion calculation is similar to which of the following depreciation methods?

A) Double-declining-balance B) Straight-line C) Group D) Production