John has decided to increase his sales price to $21 to offset the supplier's price increase. He believes that the increase will result in a 5% reduction from last year's sales volume. What is John's expected net income, assuming a 30% tax rate? Net income John Johnson operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats froma supplier for $16 and sells them for $20. John's current breakeven point is 15,000 hats per year. (a1) Calculate contribution margin per unit. Contribution margin per unit
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