If sales are $798,000, variable costs are 72% of sales, and operating income is $258,000, what is the contribution margin ratio? a. 72%
b. 68%
c. 28%
d. 32%

Why has the free enterprise system been modified to include some government intervention?

What two things do you consider when evaluating the time value of money

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?