The degree of operatingleverage is calculated by the formular
(sales - variable cost) / (sales - fixed cost - variable cost).
In the given question,
sales = $2,000,000
variable cost = $1,100,000
fixed cost = $750,000
The degree of operating leverage is (2,000,000 - 1,100,000) / (2,000,000 - 750,000 - 1,100,000) = 900,000 / 150,000 = 6.
Therefore, the degree of operating leverage is 6.
The recency effect occurs when a rater gives greater weight to information received first when appraising an individual's performance is a true statement.
<h3>What does recency effect refer to?</h3>
The recency effect is a memory phenomena where individuals tend to accurately recall information that is most recent. It is a cognitive bias whereby the last things, concepts, or arguments are remembered more vividly than the initial ones. The recency effect, in contrast to the primacy effect, is the propensity for people to more readily recall items that are presented last in a list. This is probably because those items were the most recent and are still stored in your short-term memory in the case of the recency effect.
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People who work in human services help people overcome obstacles and access services such as counseling, therapy and rehabilitation. They work to improve the lives of those in need who are most in need of these services.
Answer:
a) help to evaluate what happened in the past.
Explanation:
The financial statement interprets the financial performance, profitability, position of the company. It involves the income statement, balance sheet, cash flow statement, etc through which the business could be analyzed in a better way
Also it helps to analyze and evaluate what is happened in the past
Therefore the option a is correct
Answer:
Micro environment
Explanation:
The institution's micro-environment comprises of those components that are manageable. Generally the micro-environment doesn't really impact all businesses in a sector in same manner, as the scale, efficiency, competence and approaches are different.
For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.
