Coats Corp

question 1

Multiple Choice

Coats Corp.generates $10,000,000 in sales.Its variable costs equal 85.00% of sales and its fixed costs are $500,000.Therefore,the company's operating income (EBIT) equals $1,000,000.The company estimates that if its sales were to increase 9.50%,its net income and EPS would increase 17.50%.What is the company's interest expense? Do not round intermediate calculations.

• A) $222,857
• B) $148,571
• C) $185,714
• D) $224,714
• E) $143,000

---

Definitions:

Men

Adult human males, often studied in various sociocultural, psychological, and biological contexts.

Women

Adult human females, often referred to in contexts regarding gender differences, social roles, or biological aspects.

Relaxation Techniques

Methods or practices designed to reduce tension and stress in the body, often involving breathing exercises, meditation, or physical activity.

Biofeedback

A technique that teaches individuals to control bodily processes that are normally involuntary, like heart rate, through monitoring.