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How to do these questions step by step Spacely Company sells sprockets for $25. The following is the projected income statemienion 38) 2015. Variable costs

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Spacely Company sells sprockets for $25. The following is the projected income statemienion 38) 2015. Variable costs are the cost of the sprockets, $10 each, plus a 10% sa for sales commission paid to the worker Sales Cost of Goods Sold Gross Margin Operating Expenses $200,000 120,000 Salaries and Commissions 50,000 24,000 8750 82.750 537.250 Rent Other Fixed Expenses Total Operating Expenses Net Income For Spacely, the number of sprockets he needs to sell to break even are A. 5,517 B. 4,220 C. 6,620 D. 5,020 E. none of these Still Spacely, the sales (in dollars) of sprockets necessary to make $150,000 per year is approximately 39) A. $405,500 B. $350,000 C. $425,500 D. $500,000 E. none of these A 7-year, $1,000,000 zero coupon bond is priced to yield 9%. The amount the issuing company will receive when it is issued is: 40) A. 543,933.74 B. $ 1,000,000.00 C. $ 621,921.32 D. $ 547,034.24 E. None of the above lf the above zero bond was sold on January 1, 2015, the interest expense for 2016 (the second year) would be A. 49,233.08 B. S 53,664.06 C. $53,359.90 D. 60,173.77 E. Some other number

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