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
hodyreva [135]
4 years ago
8

Sales in North Corporation increased from $60,000 per year to $63,000 per year while net operating income increased from $10,000

to $12,000. Given this data, the company's degree of operating leverage must have been:
Business
1 answer:
Degger [83]4 years ago
8 0

Answer:

degree of operating leverage= 4

Explanation:

Giving the following information:

Sales in North Corporation increased from $60,000 per year to $63,000 per year while net operating income increased from $10,000 to $12,000.

<u>The degree of operating leverage is the %change in the operating income, divided by the change in sales. It measures how much of the operating income varies with changes in sales.</u>

degree of operating leverage= % change on income/ % change on sales

degree of operating leverage= [(12,000 - 10,000)/10,000] / [(63,000 - 60,000)/60,000]

degree of operating leverage= 0.2 / 0.05= 4

You might be interested in
A trial balance also provides a:
julia-pushkina [17]

Answer:

Summary of the debits and credits made in the previous period

7 0
3 years ago
Read 2 more answers
Recruiters for mountainview college were under extreme pressure to increase an enrollment goal by 10%. as a result, they admitte
Ghella [55]
<span>This demonstrates the problem of overemphasis on means instead of ends. The college was trying to increase the enrollment by lowering their standards. This can create more issues for the college in the future, and the college will have more issues to deal with.</span>
8 0
3 years ago
Business has been​ good! As a​ result, Benjamin has a total of​ $25,000 in bonus pay to distribute to his employees. One option
FinnZ [79.3K]

Answer:

The new data set, which involves the mean, median, mode increases or rise up to $2500.

Explanation:

Solution

Given that:

Assume that  M, L, N be the mean, median, mode of the old data set

Now

The number of employees is give as = (25000/2500)

= 10.

Suppose the salaries of 10 employees be Si,

where i = 1,2,3,4,5,6,7,8,9,10.

Then

M =∑^10 i =1 Si /10

Where

L is the number in the middle when the data is ordered from least to greatest

L = Sj,

Where j ∈ (1,2,3,4,5,6,7,8,9,10).

N = Sk j ∈ (1,2,3,4,5,6,7,8,9,10).

Thus

The salaries of 10 employees with bonus is Sj+2500, where j = 1,2,3,4,5,6,7,8,9,10

Now for the new data set we have the following stated below:

Mean = ∑^10 i =1 (Si + 2500)/10

= ∑^10 i= 1 Si/10 + 2500

= M +2500

Median = Sj+2500 = L+2500.

Mode = Sk+2500 = N+2500.

Hence the new data set, which involves the mean, median, mode increases or rise up to $2500.

5 0
3 years ago
Am I correct??
Natasha_Volkova [10]
I personally would go with Pay off credit card balances in full each month because then you don't have to worry about it next month.
8 0
3 years ago
Which of the following is an example of internal data in a marketing
Stolb23 [73]

Answer:

c

Explanation

i think

5 0
3 years ago
Other questions:
  • Classify each type of income as earned or unearned: gifts
    14·1 answer
  • Kevin noticed that Derek, an automotive technician at his repair shop, was getting bored of repeatedly performing the lone task
    8·1 answer
  • As part of a time study a particular job was analyzed. The study included 20 job cycles and the following cumulative times and p
    12·1 answer
  • This year andrews achieved an roe of 13.9%. suppose management takes measures that increase asset turnover (sales/total assets)
    14·1 answer
  • On December 31, there were 31 units remaining in ending inventory. Using the perpetual LIFO inventory costing method, what is th
    11·1 answer
  • Assume that Lucas' marginal tax rate is 10% and his tax rate on dividends is 5%. If a dividend-paying stock (with no growth pote
    6·1 answer
  • Venzuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issue
    13·1 answer
  • We count on companies to provide us with safe products, and to provide us with full disclosure if they are using potentially har
    14·1 answer
  • Kimba Inc. is a manufacturer of smart watches that track the wearer's heart rate and sleep patterns. Which of the following is m
    6·1 answer
  • If the price of sugar rises whilst the quantity of sugar traded falls, then it is likely that:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!