Suppose that consumers purchase fish and cellphones. In 2010, one pound of fish costs $1, a cellphone costs $1 and the typical consumer buys 10 pounds of fish and 10 cellphones. In 2011, one pound of fish costs $2, a cellphone costs $0.50, and the typical consumer buys 5 pounds of fish and 20 cellphones. In 2012, one pound of fish costs $2.10, a cellphone costs $0.90, and the typical consumer buys 12 pounds of fish and 20 cellphones. Using 2010 as the base year, the inflation rate between 2011 and 2010 is percent.

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains. the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available. two-thirds of the work related to $15,000 of cash received in advance was performed this period. the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired. wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.

What is used by accountant to analyze transactions ?

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?