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djyliett [7]
3 years ago
5

SungSam Enterprises reports the following data: Sales $340,000 Variable costs 180,000 Contribution margin $160,000 Fixed costs 8

0,000 Income from operations $ 80,000 Determine SungSam Enterprises's operating leverage.
Business
1 answer:
grandymaker [24]3 years ago
7 0

Answer:

SungSam Enterprises's operating leverage is 2.0

Explanation:

Operating leverage is a financial efficiency ratio to measure the degree to which a firm or project can increase operating income by increasing revenue.

Operating leverage is calculated by using following formula:

Operating leverage = Contribution margin/Net income

SungSam Enterprises has Contribution margin of $160,000 and Income from operations of $80,000

SungSam Enterprises's operating leverage = $160,000/$80,000 = 2.0

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In a ________ marketing system, two or more unrelated companies put together resources or programs to exploit an emerging market
sammy [17]

In a horizontal marketing system, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity. Thus the correct option is E.

<h3>What is marketing?</h3>

Marketing refers as a technique in which awareness of any product is created with the help of advertising and promotion to attract customers and to encourage them to make a purchase.

A horizontal marketing system is a type of distribution channel in which unconnected businesses at the same level form an alliance. The objective is to take advantage of economies of scale.

Therefore, option E is appropriate.

Learn more about marketing, here:

brainly.com/question/13414268

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In the​ ________, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity.

A.contractual marketing system

B.vertical marketing system

C.conventional marketing channel

D.franchise organization

E.horizontal marketing system

8 0
1 year ago
The Single European Act was put in place in an attempt to Multiple Choice convince Great Britain to remain in the EU. determine
Pani-rosa [81]

Answer:

Remove all impediments to the formation of a single market.

Explanation:

The Single European Act was signed in Luxembourg and the Hague in 1986.

The goal fo the Act was to create a single market by 1992 among the members of the European Community.

A single market is an economic bloc when barriers to the transit of goods and services, and to the transit of the factors of production (labor and capital).

8 0
3 years ago
Bill and rosie have been happily married for 40 years. they have never spent more than two nights apart. bill has been battling
lana66690 [7]
Hospice care 
Care designed to give supportive care to people in the final phase of a terminal illness and focus on comfort and quality of life, rather than cure. The goal is to enable patients to be comfortable and free of pain, so that they live each day as fully as possible.
6 0
3 years ago
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
yanalaym [24]

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

  1. accrued revenues
  2. accrued expenses
  3. unearned revenues
  4. prepaid expenses
  5. depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

7 0
3 years ago
An insurance policyholder must pay a _______________ for each ______________ service, before insurance covers the rest.
dusya [7]

Answer:

D. copayment; insured

Explanation:

When the person takes insurance than the person called as insurance policyholder who is holding his or her own policy so he or she must have to pay the copayment i.e. fixed amount for the service covered prior to receiving the service for each insured service prior to the insurance that covers the rest

Therefore the correct option is D

And, the rest ones are incorrect  

5 0
3 years ago
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