34. Currency Exchange Compute the number of dollars that can be bought with 2.07 million of foreign currency units (round your answer to 2 decimal places): $1 = 16,025 Vietnam Dong

36. Calculation of Average Costs with Economies of Scope Jan's Bakery is considering a merger with Tina's Cookies. Jan's total operating costs of producing services are $450,000 for a sales volume of $3.5 million. Tina's total operating costs of producing services are $90,000 for a sales volume of $750,000. If the two firms merge, calculate the total average cost for the merged firm assuming no synergies. (Round your answer to 2 decimal places.)

37. Calculation of Bankruptcy Probability Suppose a linear probability model you have developed finds there are two factors influencing the past bankruptcy behavior of firms: the debt ratio and the profit margin. Based on past bankruptcy experience, the linear probability model is estimated as: PDi = .2 (debt ratio) + .15 (profit margin) a firm you are thinking of lending to has a debt ratio of 56.1 percent and a profit margin of 12.75 percent. Calculate the firm's expected probability of default, or bankruptcy.