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Business, 05.05.2020 04:05 kaitlan225

Collings College has annual fixed operating costs of $12,500,000 and variable operating costs of $1,000 per student. Tuition is $8,000 per student for the coming academic year, with a projected enrollment of 1,500 students. Expected revenues from endowments and federal and state grants total $250,000. Determine the amount the college must obtain from other sources.

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Collings College has annual fixed operating costs of $12,500,000 and variable operating costs of $1,...
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