You are the cfo of a publicly traded corporation, and as a part of your responsibilities you arrange loans for various short term and long term funding requirements. the investment bank who provides those loans has submitted to you a list of terms. you are requesting a $8,000,000 loan with a term of 4 months for short term financing needs, payroll, christmas bonuses to employees, accounts payable, etc., the investment bank will require your firm to repay $8,110,000 at the end of those three months. what is the apr and ear?

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?