1- Andrews Corp. ended the year carrying $17,035,000 worth of inventory. Had they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to Andrews Corp.?

A. $26,613,000

B. $36,193,680

C. $9,488,000

D. $17,035,000

2-It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing $10,000,000 in bonds. Assume the bonds are issued at face value and leverage changes to 2.8. Which of the following statements are true? Select all that apply.

select 3 :

Total Assets will rise to $217,137,159

Digby`s long-term debt will rise by $10,000,000

Total liabilities will be $133,780,619

Working capital will remain the same at $16,717,170

The total investment for Digby`s will be $17,925,841