Answer:
3.2 & 16%
Explanation:
Degree of operating leverage = Contribution margin / Pretax net income
Degree of operating leverage = $80,960 / $25,300
Degree of operating leverage = 3.2
Degree of operating leverage 3.2 means if sales (or contribution margin) increases by 1%, income increases by 3.2 %.
Thus, Expected % change in income = Increase in sales * degree of operating leverage
Expected % change in income = 5% * 3.2
Expected % change in income = 0.5 * 3.2
Expected % change in income = 0.16
Expected % change in income = 16%
Answer:
B) objective-and-task
Explanation:
The objective and task method of establishing an integrated marketing communications (IMC) budget is usually the most appropriate budgeting method. The budget is usually prepared by the marketing managers based on the cost of accomplishing the communications objectives. Marketing managers will first establish their communications objectives and then figure out how much it costs to achieve them.
Answer:
D- Aptitude test
Explanation:
Aptitude tests measure critical thinking, problem solving, and the ability to learn, digest and apply new information. In essence, cognitive aptitude tests seek to assess an applicant's general intelligence or brainpower.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
Answer: <u>$4,500</u>
Explanation:
Equipment was purchased for $76,000.
It has an estimated useful life of 8 years.
It will be sold for $4,000 after these 8 years so that is the salvage value.
With these figures depreciation per annum is calculated with the following formula;
= 
= $9,000
The Equipment was purchased on July 1, Year 1. In Year 1 therefore it will only be in use for half the year and this is what it should b depreciated in light of.
Semi-annual Depreciation = 9,000/2
= <u>$4,500</u>
