Mm co. predicts sales of $30,000 for may. mm co. pays a sales manager a monthly salary of $3,000 plus a commission of 6% of sales dollars. mm’s production manager recently found a way to reduce the amount of packaging mm uses. as a result, mm’s product will receive better placement on store shelves and thus may sales are predicted to increase by 8%. in addition, mm’s shipping costs are predicted to decrease from 4% of sales to 3% of sales.

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.

Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80