Use the following to answer question: 
-(Table: Cakes) Use Table: Cakes.Pat is opening a bakery to make and sell special birthday cakes.She is trying to decide how many mixers to purchase.Her estimated fixed and average variable costs if she purchases 1,2,or 3 mixers are shown in the table.Assume that average variable costs do not vary with the quantity of output.If Pat purchases 1 mixer,her average fixed cost _____ in the range of output between 100 and 400 cakes.
Definitions:
Cash Flow from Assets
The total amount of money being transferred in and out of a business, especially from operational, investing, and financing activities.
Dividends Paid
The portion of a company’s earnings distributed to its shareholders, usually in the form of cash or additional shares.
Financial Leverage
The use of borrowed capital (debt) to increase the potential return of an investment.
Capital Structure
The blend of loans and shareholder capital utilized by a corporation to support its operational activities and development.
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