You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now?

Leverage is a combination of an opportunity in the external environment and a matching strength in the organization

Indicate whether the statement is true or false

Last year Baron Enterprises had $350 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets?

a. $170.09 b. $179.04 c. $188.46 d. $197.88 e. $207.78