Presented are the income statements of conley and woolf publications companies for the current year: conley woolf net sales revenue $487,000 100.00% $500,000 100.00% cogs 400,000 82.14% 425,000 85.00% gross profit 87,000 17.86% 75,000 15.00% selling/gen expenses 30,000 6.16% 52,000 10.40% income from operations 57,000 11.70% 23,000 4.60% income tax expense 17,100 3.51% 18,500 3.70% net income $39,900 8.19% $4,500 0.90% what should woolf do to improve its performance to match or to exceed conley's performance?

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)