During its most recent fiscal year, simon enterprises sold 200,000 electric screwdrivers at a price of $15 each. fixed costs amounted to $400,000 and pretax income was $600,000. what amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%

The five steps to financial success a. five money myths b. five foundations