1.

Given:

2019 Sales = $213,346 2020 Sales = $292,969 2019 Operating Income = $106,282 2020 Operating Income = $179,533 2019 Net Income = $59,413 2020 Net Income = $81,936 Calculate DOL (Enter your answer with 2 decimal places.)

2. Total variable costs are $13,137, sales $57,179, and fixed costs $15,517. Calculate DOL. (Enter your answer with 2 decimal places)

3. Calculate the effective annual interest rate of foregoing the discount and paying on the 45th day when the terms are 3/13, n 45. Use a 365 day year: (Enter answer as a percentage number with 2 decimal places.)

4. You are getting a discount interest loan of $27,411 for one year. The stated rate of interest is 8%. Calculate the effective interest rate: (Enter answer as a percentage number with 2 decimal places)