1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLga [1]
3 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]3 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

You might be interested in
Kevin purchased a lawn mower. The blades were so dull that the mower could not cut the grass in his backyard. Due to the existen
tamaranim1 [39]

Answer:

implied

Explanation:

Warranty is an assurance that a product will do the work for which it was intended and be of the same quality and grade like others of its class received by a buyer of a product from the seller whether expressly stated or not . This follows that where the product is discovered to be substandard or defective, the seller will either repair or replace the product in line with the terms and conditions of sales.

Implied Warranty is a quality assurance statement given by a buyer to a seller that is neither oral nor written but generally understood by law to be associated with products and services of that industry

7 0
3 years ago
What are the three riches nations in the world​
Rus_ich [418]

Answer:

1. Qatar

2. Macao SAR

3. Luxembourg

Explanation:

The 3 wealthiest countries in the world according to GDP (PPP) is Qatar - $134,623, Macao SAR - $122,201 and  Luxembourg - $108,813

5 0
3 years ago
A vendor sets up a stall outside of a major video game exposition. He sells products (mostly t-shirts) representing various popu
Aneli [31]

Answer:

trademark

Explanation:

5 0
3 years ago
the financial system consists of financial _____, such as commercial banks, and financial markets, such as the stock market.
vazorg [7]

The financial system consists of financial intermediaries, such as commercial banks, and financial markets, such as the stock market. This is further explained below.

<h3>What are financial intermediaries?</h3>

Generally, financial intermediaries are simply defined as Banks, building societies, and unit-trust companies are all examples of financial intermediaries.

In conclusion, Institutions like commercial banks and marketplaces for trading financial instruments like stocks and bonds make up the financial system.

Read more about financial intermediaries

brainly.com/question/2494552

#SPJ12

5 0
2 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
Cerrena [4.2K]

Answer:

a. 208.57 units

b. 104.29 units

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{6,000}\times \text{\$29}}{\text{\$8}}}

= 208.57 units

b. And, the average inventory is

= Economic order quantity ÷ 2

= 208.57 units ÷ 2

= 104.29 units

We simply applied the above formulas for calculation of the economic order quantity and the average inventory and the same is shown above

5 0
3 years ago
Other questions:
  • For each of the following fixed assets, determine the depreciation expense for Year 3: Disposal date is N/A if asset is still in
    12·2 answers
  • A machine was purchased at a cost of $52,000. The equipment had an estimated useful life of seven years and a residual value of
    5·1 answer
  • As a component of real estate value, the principle of substitution states that
    6·1 answer
  • Which of the following statements is TRUE?
    12·1 answer
  • historically, what type of errors meant only that cost of selection would be increased because more candidates would have to be
    8·1 answer
  • . As you start consuming potato chips, your marginal utility is very high, but it begins to fall slowly until you've eaten 10 ch
    13·1 answer
  • Confirm your calculations in Requirement 3 above by increasing the unit sales in your worksheet by 20% so that the Data area loo
    7·1 answer
  • In December 2014, Todd, a cash basis taxpayer, paid $1,200 fire insurance for the calendar year 2015 on a building he held for r
    14·1 answer
  • Changes in stockholders' equity Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by Mountain
    5·1 answer
  • A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!