Hawk Electronics is a retail firm located in Atlanta Georgia. Currently, the company has 2 million shares outstanding that are trading for $12 each on the secondary market. The shareholder equity for the firm is $10 million, while the firm has notes payable of $1 million, accounts payable of $1 million, and $5 million in bonds. The firm also has cash on hand worth $1 million, accounts receivable valued at $4 million, and inventory valued at $1 million. Given this information, what is the current enterprise value for Hawk Electronics?a.$29 million b.$25 million c.$27 million d.$31 million e.$28 million

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)