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Samson,Inc How Much Was the Unit Cost Per Service? (Round Your

question 171

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Samson,Inc.reported the following information for the year:  Service Revenue $60,000 Operating Expenses 21,000 Net Income 39,000 Number of Services Provided for the Year 10,500\begin{array} { | l | r | } \hline \text { Service Revenue } & \$ 60,000 \\\hline \text { Operating Expenses } & 21,000 \\\hline \text { Net Income } & 39,000 \\\hline \text { Number of Services Provided for the Year } & 10,500 \\\hline\end{array} How much was the unit cost per service? (Round your answer to the nearest cent.)

Recognize the stages in the development of language and speech from infancy through toddlerhood.
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Definitions:

Sales

The total amount received from selling goods or services over a given period.

Residual Income

The income that exceeds the minimum required return on an investment or business segment.

Residual Income

The amount of income that exceeds the minimum rate of return expected on a project or investment.

Required Rate Of Return

The minimum annual percentage return an investor expects to achieve by investing in a particular asset or project.

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