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Problem
Boston Corporation has two divisions: Green Plants Division and Flowering Plants Division. The following report is for the most recent operating period:
Green PlantsDivisionFloweringPlantsDivisionSales $ 231,000 $ 154,000Variable expenses $ 60,060 $ 32,340Traceable fixed expenses $ 158,000 $ 63,140Common fixed expense $ 28,200 $ 18,800The common fixed expenses have been allocated to the divisions on the basis of sales.
Task
1. What is the Green Plants Division's break-even in sales dollars? Get the instant assignment help.2. What is the Flowering Plants Division's break-even in sales dollars?3. What is the company's overall break-even in sales dollars?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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