Fts sells a workbook with printed material unique to each course to each student who attends the course. any workbooks that are not sold must be destroyed. prior to the first class, fts printed 20 copies of the books based on the client’s estimate of the number of people who would attend the course. each workbook costs $30 and is sold to course participants for $50. this cost includes a royalty fee paid to the author and the cost of duplication. calculate the workbook cost in total and per student, assuming that 18, 20, or 22 students attempt to attend the course. classify the cost of workbooks as fixed or variable relative to the number of students attending the course.

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?