Answer:
The disadvantage of using range is:
Explanation:
It not measure the spread of the majority of values in a data set (only measures the spread between highest and lowest values).
The company's degree of operating leverage is 1.29.
The degree of operating leverage(DOL) quantifies how much a company's operating income fluctuates in response to a change in sales.
The DOL ratio helps analysts determine the impact of changes in sales on company earnings.
A company with high operating leverage has a high proportion of fixed costs, which means that a large increase in sales can result in large changes in profits.
Using the formula for degree of operating leverage we get:
Degree of Operating Leverage = Contribution Margin/Operating Income
= $85200/$66200
= 1.29
Hence, The company's degree of operating leverage is 1.29.
Learn more about operating leverage:
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Answer:
A net inflow of $49,000.
Explanation:
The Cash flow from Financing Activities section shows the cash resulting from sourcing finance and repayments thereoff.
Cash flow from Financing Activities
Cash paid for dividends ($6,000)
Cash proceeds from bank loan $29,000
Cash purchase of treasury stock ($11,000)
Cash received from issuance of common stock $37,000
Net Cash from Financing Activities $49,000
therefore,
The result from Financing Activities shows a net inflow of $49,000.
1. Mountain Tourism is a type of "tourism activity which takes place in a defined and limited geographical space such as hills or mountains with distinctive characteristics and attributes that are inherent to a specific landscape, topography, climate, biodiversity (flora and fauna) and local community.
2.
Inland trips means trips to the part of the country away from the coast, without specifying who is taking those trips. Such trips may let the world know about your country, or they may not.
Foreign trips. on the other hand, is fatally ambiguous. It can mean, and has been taken by others here to mean, trips by foreigners to your country, which would be what is asked for. But technically, a foreign trip is just a trip to a foreign country and the trip-takers should be presumed to be your fellow-countrymen; if they travel abroad, that would give them information about the world, not the other way about.
So the choice is between a bad answer and a very bad answer. I would say inland is less bad, but if the examiner thinks one choice is correct, you need to know how he thinks, not how the English language works.
I hope some of that may help I found it off the web.. sorry if it dosent
Answer:
C. $400,000
Explanation:
The computation of the gross profit is shown below:
Gross profit = Net Sales - costs of goods sold
= $500,000 - $100,000
= $400,000
For determining the gross profit, we deduct the costs of goods sold from the net sales, so that the true value can come. It is shown in the income statement
All other information which is given is not relevant. Hence, ignored it
