Karlson Roller Skates has three product linesD, E, and F. The following information is available: D E F Sales revenue $90,000 $40,000 $31,000 Variable costs (20,000) (5,000) (12,000) Contribution margin $70,000 $35,000 $19,000 Fixed costs (20,000) (5,000) (24,000) Operating income (loss) $50,000 $30,000 $(5,000) The company is deciding whether to drop product line F because it has an operating loss. Assuming fixed costs are unavoidable, if Karlson drops product line F and rents the space formerly used to produce product F for $17,000 per year, total operating income will be O A. $19,000 OB. $24,000 O C. $12,000 OD. $73,000 A company is considering an iron ore extraction project that requires an initial investment of $1,100,000 and will yield annual cash inflows of $676,507 for two years. The company's discount rate is 9%. Calculate IRR. Present value of ordinary annuity of $1: 10% 12% 14% 15% 16% 18% 20% 1 0.909 0.893 0.877 0.870 0.862 0.847 0.833 2 1.690 1.647 1.626 1.605 1.566 1.528 3 2.487 2.402 2.322 2.283 2.246 2.174 2.106 4 3.170 3.037 2.914 2.855 2.798 2.690 2.589 1.736 O A. 17% OB. 13% O C. 14% OD. 15%