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1) Swifty corporation reported sales of $2000000 last year (100000 units at $20 each), when...

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Accounting

1) Swifty corporation reported sales of $2000000 last year (100000 units at $20 each), when the break even point was 85,000 units. Swifty is margin of safety ratio is
A. 18%
B. 85%
C. 115%
D. 15%
2) The amount you must deposit now in your savings account, paying 6% interest, in order to accumulate $6000 for your first tuition payment when you start college in 3 years is
A. 4900
B. 5038
C. 5260
D. 4230

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