Given the Following Financial Data for Boston Technology, Compute the Firm's

question 28

Multiple Choice

Given the following financial data for Boston Technology, compute the firm's degree of combined leverage. Assume a marginal tax rate of 40%. $\begin{array}{lrr}&2010&2011\\\text { Sales } & \$ 700,000 & \$ 760,000 \\\text { Fixed costs } & 175,000 & 190,000 \\\text { Variable costs } & 406,000 & 448,000 \\\text { EBIT } & 119,000 & 122,000 \\\text { Interest } & 42,000 & 46,000 \\\text { Shares outstanding } & 100,000 & 102,000\end{array}$

• A) 0.29
• B) -0.38
• C) -0.15
• D) 0.38

Differentiate between various forms of housing ownership and their unique characteristics.

Calculate home equity and understand its significance in the homeowner's financial situation.

Understand the advantages and disadvantages of renting versus homeownership.

Evaluate factors to consider when making an offer on a home.

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Definitions:

Cultures

The customs, arts, social institutions, and achievements of a particular nation, people, or other social group.

Mental Illness

A broad range of mental health conditions that affect mood, thinking, and behavior, impacting daily life and functioning.

Lost Productivity

The decrease in work output due to various factors such as disengagement, absenteeism, or inefficiencies within the workplace.

Positive Organizational Behaviour

The study and application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed for performance improvement.