Abel company produces three versions of baseball bats: wood, aluminum, and hard rubber. a condensed segmented income statement for a recent period follows: assume all of the fixed expenses for the hard rubber line are avoidable. what will be total net income if the line is dropped?

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as