Find the NOPAT breakeven revenues (NR) given the following information: total operating fixed costs = $75,000; variable costs = $150,000; and sales = $200,000

When the terms are FOB shipping point, the seller pays the freight costs.

a. true b. false

Which of the following statements is true about corporations subject to the reporting requirements of the Securities Exchange Act of 1934?

A. The annual report (Form 10-K) need not include audited financial statements. B. The annual report (Form 10-K) must be filed with the SEC before the end of the corporation's fiscal year. C. A quarterly report (Form 10-Q) need only be filed with the SEC by those corporations that are also subject to the registration requirements of the Securities Act of 1933. D. A report (Form 8-K) must be filed with the SEC after a material important event occurs.