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3 years ago

Degree of Operating Leverage

Business

1 answer:

EastWind [94]3 years ago

4 0

Answer:

1.655

Explanation:

Operating income:

= Sales revenue - Variable cost - Fixed cost

= (5,000 × $75) - (5,000 × $50) - $49,500

= $375,000 - $250,000 - $49,500

= $75,500

Operating Leverage:

= (Sales- Variable cost ) ÷ (Sales -Variable cost - fixed cost)

= $125,000 ÷ $75,500

= 1.655

Therefore, the degree of operating leverage is 1.655

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3 years ago

Which would you expect to be the biggest amount on your pay stub?

marusya05 [52]

Answer:

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Explanation:

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3 years ago

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An engineering graduate plans to buy a home. She has been advised that her monthly house and property tax payment should not exc

dimaraw [331]

Answer:

$83,107.20

Explanation:

Amount available for monthly house payment = [$ 2000 * 35% ] - $ 150

= $700 - $150

= $550

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No of periods = 30 years * 12 months = 360 months

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

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6 0

3 years ago

Exercise 4-7 (Algo) Income statement presentation; discontinued operations; restructuring costs [LO4-1, 4-3, 4-4] Esquire Comic

andrew11 [14]

Answer:

Net income = $1,353,750

Note: See the income statement below.

Explanation:

Before preparing the income statement, the following calculations are done first:

Income from operations of discontinued component = Income before-tax generated by the division - Before-tax loss on disposal = $630,000 - $405,000 = $225,000

Income from continuing operations = Income before tax - Restructuring costs = $1,650,000 - $70,000 = $1,580,000

The income statement can now be prepared as follows:

Esquire Comic Book Company

Partial Income Statement

For the year ended December 31, 2021

Details $

Income from continuing operations 1,580,000

Discontinued operations gain (loss):

Income from discontinued component 225,000

Total income before tax 1,805,000

Tax expenses (1,805,000.00 * 25%) (451,250)

Net income  1,353,750 

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3 years ago

Upon graduation from high school, a young man wanted to enroll in a nine-month program at a community college to study to be an

Stolb23 [73]

Answer:

B. The contract was oral. 

Explanation:

The young graduate will most likely not succeed in attempting to enforce the promise made by his grandpa since the promise has not been in writing, as mandated by the Frauds Statute.

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Another such arrangement is to pay another's debt, like the grandpa's promise to pay the uncle's debt here if he fails to pay.

Hence, the Option B is right.

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4 years ago