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
NemiM [27]
2 years ago
13

Light Me Up Lamps has variable expenses of 50​% of sales and monthly fixed expenses of $ 200 comma 000. The monthly target opera

ting income is $ 30 comma 000. What is Light Me Up​ Lamps' operating leverage factor at the target level of operating​ income?
Business
1 answer:
NARA [144]2 years ago
4 0

Answer:

Operating Leverage Factor 7.67

Explanation:

Operating leverage factor is a very important measure of a company for forecasting growth. It shows the contribution margin that is necessary to gain against one $1 of operating income.

Contribution margin Ratio = Fixed cost + Target operating Income

Contribution Margin = $200,000 - 30,000 = $230,000

Operating Leverage factor = Contribution margin /  Target Operating Income

Operating Leverage factor = $230,000 / $30,000 = 7.67

You might be interested in
Interest rates are expressed as a percentage of
Tomtit [17]
Basically, an interest rate is an amount that is added on top of the principal amount most especially in loans. This is expressed in a form of percentage, depending on the amount and interest rate being agreed upon. The answer for this would be the second option. Hope this helps.
6 0
2 years ago
Read 2 more answers
HELP! 20 POINTS!!!
Bingel [31]

The answer is D.)She would likely have to pay more than $55 at the time of purchase for the convenience of using her credit card.

There are always fees for using any type of credit card. Interests or not, you pay fees for the government. Lynn can pay even more if she doesn't pay the balance by the end of the month. Every time she uses the credit card, her balance fees rises. By the time she gets enough money to pay of the balance, her balance will be much bigger.

Hope this helps!!!

Please Mark Brainliest!!!

8 0
3 years ago
Read 2 more answers
Of the four steps in the army pr system, which step encompasses the activities of developing guidance for, providing appropriate
dalvyx [7]
<span>This is the execution step. The five PR execution steps are Report, Locate, Support, Recover, and Reintegrate. The Report step involves reporting events. The Locate step involves locating efforts, beginning with the initial report and continuing until recovery is complete. The Support step is about giving support to IMDC personnel. The Recovery task ends after the IMDC personnel are handed over to the medical personnel for reintegration. Reintegration ends when a person is returned to duty with no further care needed.</span>
4 0
2 years ago
Tony is the owner of Tony’s Taqueria. Tony is a profit-maximizing owner whose firm operates in a competitive market. An addition
Lisa [10]

Answer:

(c) $5

Explanation:

Remember, To calculate marginal cost, we divide the change in production costs by the change in quantity.

In this example, the change in production cost is $200 (for hiring an additional worker) while the change in quantity of taco is 40 (increase in marginal productivity).

The marginal cost= $200/40

we get $5 as the marginal cost.

5 0
3 years ago
At a large department store, the number of years of employment for a cashier is a normally distributed variable with a mean of 5
Yakvenalex [24]

Answer:

0.0084

Explanation:

For this probability problem, we will have to make use of the normal probability distribution table.

to use the table, we will have to compute a certain value

z = (x- mean) /Standard deviation

z = \frac{(10 - 5.7)}{1.8} = 2.39

Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.

<em>To do this, on the  "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>

This gives us 0.99916

Thus we have P (Z < 2.39) = 0.9916

We subtract the value obtained from the table from 1 to get the probability required.

1 - 0.9916 = 0.0084

The Probability that the employee has worked at the store for over 10 years = 0.0084

4 0
3 years ago
Other questions:
  • A medical assistant is moving heavy medical equipment. To limit risk of injury, she should use proper body (fill in the blank)
    7·1 answer
  • You purchased 1,000 shares of the New Fund at a price of $20 per share at the beginning of the year. You paid a front-end load o
    9·1 answer
  • Apple inc's ipod is the dominant product in the market for mp3 players. suppose that a technology company orange recently introd
    13·2 answers
  • When statements in a business message contain full and unambiguous meaning, the business message is said to be
    9·1 answer
  • Which life insurance policy provision prohibits a beneficiary from "commuting, encumbering, withdrawing, or assigning" any porti
    7·1 answer
  • erekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 3,200 machine-hours V
    5·1 answer
  • The participation of women in the U.S. labor force has risen dramatically since 1970. True or False: This rise likely increased
    11·1 answer
  • Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs
    13·1 answer
  • The following standards have been established for a raw material used to make product O84:Standard quantity of the material per
    7·1 answer
  • Help
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!