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A company produced 14,000 tires this year and sold them at $54 each. The variable cost is 42% of sales and fixed cost is $188,500.

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A company produced 14,000 tires this year and sold them at $54 each. The variable cost is 42% of sales and fixed cost is $188,500. The company pays $50,000 in interest and 36% in taxes. a. The degree of operating leverage is Number Round your answer to two decimals b. The degree of financial leverage is Number Round your answer to two decimals c. The degree of total leverage is Number Round your answer to two decimals Which of the following statement best describes semi-strong form of market efficiency? Prices reflect all publicly available information past and present. O Prices quickly reflect all information available to investors even to insiders O Present publicly available information can be used to earn abnormal profits as long as all investors are not equally informed O Historical information about price and volume cannot be used to earn higher trading profits than would be obtained with a naive buy-and-hold strategy

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