Suppose your friend’s employer will contribute to the account each year as part of the company’s profit sharing plan. In addition, your friend expects a distribution from a family trust 20 years from now. What amount must she deposit annually now to be able to make the desired withdrawals at retirement? Employer’s annual contribution $1,500 Years until trust fund distribution 20 Amount of trust fund distribution $25,000

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?