You bought a stock on January 1 for $15.00 per share, and sold it for $16.50 on December 31. During the year, you received four quarterly dividends of $0.40 each on the stock. What was your total return on investment for the year?

• A. 4.2%
• B. 12.7%
• C. 20.7%
• D. 33.3%

Office Dynamics Inc. has just landed a new, open-ended contract to produce its new Heavy Duty Portable Paper Shredder, which it will sell for $95.00 per unit. Fixed costs will be $1,250,000 and depreciation will be $104,000. Variable costs will be $63.00 per unit. Rounded to the nearest unit, how many units must the company sell in order to break even on this contract?

• A. 14,253
• B. 26,572
• C. 42,313
• D. 51,441