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OLga [1]
2 years ago
7

At a sales level of $270,000, the magnitude of operating leverage for the Cake Factory is 2.8. If sales increase by 15%, profits

will increase by: a. 2.8% b. 15% c. 42% d. 18.67%
Business
1 answer:
hichkok12 [17]2 years ago
5 0

Answer:

Increase in profit will be 42 %

So option (C) will be correct answer

Explanation:

We have given sales level is $270000

Operating leverage for the factory is given 2.8

It is given that sales is increased by 15 %

We have to find that by how much percentage profit will increase

Increase in profit percentage is given by multiplication of operating leverage and increase in profit sale

So increase in profit will be equal to 2.8 ×15 = 42 %

So option (C) will be correct answer

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The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same
Anon25 [30]

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

7 0
3 years ago
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What step is NOT likely to reduce possible attacks to an organization: Select one: a. Restart the Active Directory database b. I
natulia [17]

Answer:

The correct answer would be option A, Restart the active directory database.

Explanation:

When there is an attack on organizational data or information systems, there are many measures that need to be taken to avoid such attacks to make sure that these attacks don't happen again and to check that all systems are working correctly or not. So in this regard, option A is the most appropriate one, because restarting a database will not help in reducing the possible attacks to an organizational data or information systems. Anti virus spyware, installing firewall and ensuring the working of all patches for an operating system and application are more important tasks to do in such situation.

3 0
3 years ago
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Different bosses have the authority to run their own departments in
vovikov84 [41]
Decentralization organization? I think that is the answer.
3 0
3 years ago
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Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000
sesenic [268]

Answer:

$100,000

Explanation:

The computation of gross profit is shown below:-

Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold

= ($350,000 - $50,000 - $20,000) - $180,000

= $280,000 - $180,000

= $100,000

Therefore we simply applied the above formula for determining the gross profit

4 0
3 years ago
Hazelwood Company had beginning inventory of $54,000. During the period the company purchased $109,800 of merchandise. At the en
Ilia_Sergeevich [38]

Answer:

$207000 is the sales revenue for the year.

Explanation:

The given situation is:

Sales Revenue                              100%

Cost Of Goods sold                     <u>  60% </u>

Profit Margin                                  40%

Now we neither have sales revenue figure nor the profit margin figures but we can calculate cost of goods sold from the following formula:

Cost Of Goods Sold = Opening Inventory + Purchases - Closing Inventory

By putting values we have:

Cost Of Goods Sold = $54,000 + $109,800 - $39,600

Cost Of Goods Sold = $124,200

Now cost of goods sold is 60% which means if we want to go at 100% we will divide with the percentage at which we are standing (60%) and multiply with the percentage which we want to calculate (Sales is 100%).

Sales revenue = Cost of goods sold  *    100% / 60%  

Sales revenue = $124200  * 100% / 60%  = $207,000

3 0
3 years ago
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