Fixed costs including depreciation have increased at Leverage, Inc. from $4 million to $6 million in an effort to reduce variable costs. What must the new variable-cost percentage be to leave break-even at $20 million?

What should the CEO of a company suggest to another CEO if their companies have a very similar product but do not share the same market?

a. Implement environmentally safe initiatives b. Merge c. Implement a flexible structure d. Create a horizontal alliance so that each firm can compete better in its respective market

A one-year zero-coupon bond yields 4.0%. The two- and three-year zero-coupon bonds yield 5.0% and 6.0% respectively. The rate for a one-year loan beginning in one year is closest to:

A. 4.5%. B. 5.0%. C. 6.0%.