Because it does that so you will need ramen noodles and chalk to draw grass to chickens can grow in the sky.
Present value PV= FV(1/(1+r)^n)
PV = Present Value
FV = Future Value
r= rate
n= number of years
Just plug in the numbers and calculate.
You can check your credit and you can us it for the car u want ,
Answer:
1a.
Magic Realm, Inc.,
Contribution format income statement
Per Unit Amount
Sales 62 2,207,200
Variable expenses 42 (1,495,200)
Contribution margin 20 712,000
Fixed expenses (623,000)
Net operating profit 89,000
1b.
Degree of operating leverage: 4
2. The expected percentage increase in net operating income for next year: 184%
Explanation:
1a. Please refer to the answer part
1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.
2.
Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%
