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Author Question: QuadCity Manufacturing, Inc. reported the following items: Sales = 6,000,000; Variable Costs of ... (Read 94 times)

laurencescou

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QuadCity Manufacturing, Inc. reported the following items:
 
  Sales = 6,000,000; Variable Costs of
  Production = 1,500,000; Variable Selling and Administrative Expenses = 550,000; Fixed Costs =
  1,350,000; EBIT = 2,600,000; and the Marginal Tax Rate = 35. QuadCity's break-even point in
  sales dollars is
  A) 2,050,633. B) 2,785,000. C) 2,197,500. D) 2,438,750.

Question 2

Visionary TV Corporation bonds are currently priced at 1,088. They have a par value of 1,000 and
  12 years to maturity. They pay an annual coupon rate of 6. What is the yield to maturity on this
  bond?
 
  A) 5.4 B) 6.7 C) 5.0 D) 6.1


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laurencescou

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it


ashely1112

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Reply 3 on: Yesterday
Excellent

 

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