3 years ago

A financial analyst for Simon Manufacturing prepared the following report:

1 answer:

3 0

Answer: A.The cumulative customerminus−level operating income of the top eight customers represents about 105.1105.1% of operating income

Explanation:

The Cumulative total of the first 8 customers is,

= 5,563 + 4,474 + 3,851 + 1,049.5 + 984.80 + 844.80 + 336.60 + 252.00

= $17,355.70

The Cumulative total of the Operating Income is,

= 5,563 + 4,474 + 3,851 + 1,049.5 + 984.80 + 844.80 + 336.60 + 252.00 - 168 - 676

= $16,511.70

Dividing both figures gives,

= 17,355.70 / 16,511.70 * 100

= 1.0511051 * 100

= 105.1105.1%

Option A is therefore correct.

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A financial analyst for Simon Manufacturing prepared the following​ report:

A financial analyst for Simon Manufacturing prepared the following report: