QUESTION 29 Division 1 has sales of $110,000, variable costs of $120,000 and applied fixed costs of $40,000. Should I eliminate this division? O yes, you'll increase profits by $52,000 O yes because variable costs exceed sales revenues O no you'll lose $10,000 O no, you'll lose $50,000 QUESTION 30 The profit for machine B was $200,000 including $60,000 in depreciation. The tax rate was 40%. What was the cash inflow including any tax savings? O $200,000 $140,000 O $240,000 $284,000 QUESTION 31 Howard Company has net income of $15,000 in income. It paid dividends of $.90 on its 6000 shares of stock. The market price of the stock was $22. What was the Price/Earnings ratio? O 8.80 O 7.80 O 10.30 O 6.80