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Learning Goal: I’m working on a business question and need the explanation and answer to help me learn.

Chapter 10 Mini Case, Pages 447-449 in the textbook.
Chapter 11 Problem 11 -10, Page 488 in the textbook.

Use Excel for homework assignments: For this course, all numeric exercises or problems that are designated to be turned to the instructor are to be in the form of typewritten or of an Excel worksheet.

Link to textbook