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Frank Puleo bought 6,600 acres of land in ski country. He plans to subdivide the land into parcels of 12 1/2 acres each. Each parcel will sell for $125,300.
a. How many parcels of land will Frank develop?
Number of parcels
b. If Frank sells all the parcels, what will be his total sales? (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.)
Total sales $
c. If Frank sells 3/4 of the parcels in the first year, what will be his total sales for the year?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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