Egret Company sells shoes for $45 dollars that have a variable cost per unit of $25. Fixed costs are $265,000 and the company sold 32,000 units. Determine the company's leverage. Answer: Test company sells uniquely carved statues to customers. Test plans to sell 300 units of these statues. The variable cost per unit for the statues is $175 and fixed costs are $20,000. Company requires a ROA of 7% on its $500,000 of assets. What price should Test sell the statues for