Fabri corporation is considering eliminating a department that has an annual contribution margin of $24,000 and $76,000 in annual fixed costs. of the fixed costs, $21,000 cannot be avoided. the annual financial advantage (disadvantage) for the company of eliminating this department would be:

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396