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 ($920,000 x 9% 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 Marketable securities Accounts receivable Inventory Accounts payable $230,100 87,700 259,400 220,600 309,600 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio