1) Swifty corporation reported sales of $2000000 last year (100000 units at $20 each), when the break even point was 85,000 units. Swifty is margin of safety ratio is

A. 18%

B. 85%

C. 115%

D. 15%

2) The amount you must deposit now in your savings account, paying 6% interest, in order to accumulate $6000 for your first tuition payment when you start college in 3 years is

A. 4900

B. 5038

C. 5260

D. 4230