If fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130, what is the amount of sales required to realize an operating income of $200,000?
A) 14,166 units
B) 12,500 units
C) 16,000 units
D) 11,538 units
A
Business
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A dual agent represents _____________________ the buyer and the seller and is legal in California.
A. buyer B. seller C. neither D. both
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Arrow Corp. has a WACC of 8.78%, a before-tax cost of debt of 6%, and a tax rate of 40%. If the firm is financed 30% with debt and the balance with equity, what is the cost of equity?
A) 10.50% B) 11.00% C) 11.50% D) 12.00%
Business