When Isaiah Company has fixed costs of $87,200 and the contribution margin is $20, the break-even point is Oa. 10,860 units Ob. 8,720 units Oc. 5,670 units Od. 4,360 units On the first day of the fiscal year, a company issues a $920,000, 9%, 5-year bond that pays semiannual interest of $41,400 (5920,000 x 99 x 1/2), receiving cash of $884,170. Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank. The following items are reported on a company's balance sheet: Cash $230,100 Marketable securities 87,700 Accounts receivable 259,400 Inventory 220,600 Accounts payable 309,600 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio