Answer:
4.0
Explanation:
Degree of operating leverage = Contribution Margin / Income
Degree of operating leverage = 4000,000/1000,000
Degree of operating leverage = 4 times
If the sales are Increased by the X% then the income will be increased by the 4.0*X%.
<span>The correct answer is APR, which stands for Annual Percent Rate. This is the percent rate for the amount of money that you owe for that year only in interests. It comes as a bonus over the loan and usually the banks have you pay the interest before you pay the loan because banks give money to others based on the interest that you pay, and the circle goes on and on.</span>
Answer:
Cash was collected from customers during the year was $ 104,100
Explanation:
Sales revenue = $120,000
Bad debt expense = 2.5% of sales
Therefore, Bad debt expense = $120,000 x 2.5% = $3,000
Thus, allowance for uncollectible accounts should have increased by $3,000. But it increased by $2,100.
Therefore, uncollectible accounts receivable of $900 ($3,000 - $2,100) were written off during that year.
Cash collected from customers = Sales revenue - Increase in accounts receivable - Uncollectible accounts written off
= $120,000 - $15,000 - $900
= $104,100
<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. :)</span>
Hello there!
Let's take note of some things first. When a argument occurs, there's always two different kind of people. You would have someone who think he has a point and he explains his opinion on this matter, and then you would have the other opponent who would most likely say the complete opposite of this other person.
Now, when conduction the argument of the topic "cell phones", there would be a ton of different opinions on this matter.
For an example:
(Person #1) - opposer.
Cell Phone's are very useful, when you need to call a person, you would have something to communicate with the other person. It would be encounter as a essential in our every day life.
(Person #2) - opposer.
I believe that Cell Phones are unsafe. People could track you down and hurt you to the full. They can take your information, and then you would have some several bad cases on this matter. I believe that Cell Phones are not safe.
__________
Based on looking at this example here, you would see on how they're are two different opinions here. They both have different explanations.
I hope this helps you!
