Q4. What is Contribution Margin Ratio (write the definition)? Apply CMR to present how EBIT depends on Sales. Draw a graph that shows this relationship. Mark special points on this graph. Q5. a. What was the value of operating break-even sales (in $) of the corporation Alpha, if its yearly Sales was last year $200,000, total variable costs VC were $120,000, fixed operating costs FC were $40,000, Interest paid was $6,000, and it paid 20% income tax?. b. What was the value, in $, of interest break-even sales? (Sometimes "interest break-even" is called "financial break-even". "Interest break-even" takes into account Interest expense, but it does not take into account the time value of money.) Start with creating the Income statement for last year of Alpha Co. Mark these break-even points on the graph made in Q4. Q4. What is Contribution Margin Ratio (write the definition)? Apply CMR to present how EBIT depends on Sales. Draw a graph that shows this relationship. Mark special points on this graph. Q5. a. What was the value of operating break-even sales (in $) of the corporation Alpha, if its yearly Sales was last year $200,000, total variable costs VC were $120,000, fixed operating costs FC were $40,000, Interest paid was $6,000, and it paid 20% income tax?. b. What was the value, in $, of interest break-even sales? (Sometimes "interest break-even" is called "financial break-even". "Interest break-even" takes into account Interest expense, but it does not take into account the time value of money.) Start with creating the Income statement for last year of Alpha Co. Mark these break-even points on the graph made in Q4