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ID: 2550982 • Letter: E
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elect then , and drag to the Favonites Bar foldes. Or import from another browser. Import favorites 2 Homework Help Seve & Exil Su Check my we a Prepare income statements tor Kenton and Lenton, assuming that 21 students athend a course b. Kenton University embar c. Deniton University embarks on a strategy to entice students from Kenton University by lowering its tuation to $227 per course. rks on a strategy to entice students from Denton University by lowering its tuition to $227 per course Prepare an wcome statement for Kenton assuming that the university is successfuli and enrolls 38 students in its course Prepare an income statement for Denton, assuming thet the university is successful and enrolis 38 students in its course universities charge execultives a $347 tuition tee per course attended e. Prepare income statements for Keton and Denton Unvershies, assuming that 12 studlents a attend a course, and assuming that both Complete this question by entering yoar answers in the tabs below. e incoso statements for Kanton and Destenming that 21 0Explanation / Answer
Solution:
a) Preparing Income Statements for Kenton and Denton, assuming that 21 students attend a course:
b) Preparing an Income Statement for Kenton Assuming that the University is Successful and enrolls 38 Students in its Course:
c) Preparing an Income Statement for Kenton Assuming that the University is Successful and enrolls 38 Students in its Course:
e) Preparing Income statements for Kenton and Denton Universities, assuming that 12 students attend a course, and assuming that both universities charge executives a $347 tuition fee per course attended:
University Kenton Denton Tuition revenue ($347 * 21 Students) $7,287 $7,287 Total cost of instruction ($6,300) ($6,300) Net income (loss) $987 $987Related Questions
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