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babymother [125]
3 years ago
12

​J&A Corporation has a monthly target operating income of $ 45 comma 900. Variable expenses are 10​% of sales and monthly fi

xed expenses are $ 17 comma 100. What is​ J&A's operating leverage factor at the target level of operating​ income?
Business
1 answer:
rewona [7]3 years ago
4 0

Answer:

1.37

Explanation:

Given that

Operating income = $45,900

Variable expenses = 10%

Fixed expenses = $17,100

The calculation of operating​ income is shown below:-

Contribution margin = Operating income + Fixed expenses

= $45,900 + $17,100

= $63,000

So, Operating leverage = Contribution margin ÷ Operating income

= $63,000 ÷ $45,900

= 1.37

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Lacy's Linen Mart uses the retail method to estimate inventories. Data for the first six months of 2019 include: beginning inven
Harman [31]

Answer:

A. $68,200

Explanation:

Retail Cost

Beginning inventory $60,000

$120,000

Plus: Net purchases. $312,000

$480,000

Goods available for sale $372,000

$600,000

Cost to retail percentage = $372,000 ÷ $600,000 = 62%

Less : Net sales

($490,000)

Estimated ending inventory at retail

$110,000

Estimated ending inventory at cost

62% × $110,000 = $68,200

4 0
2 years ago
Which environment is not an important dimension of a business organization's external environment?
timofeeve [1]

Answer: d. the corporate culture envrionment

Explanation:

5 0
3 years ago
Two variables have a correlation coefficient equal to -0.65 from a sample size of 10. Which one
elixir [45]

Answer:

Because the test statistic is less than the critical value, we can reject the null hypothesis  and conclude that the population correlation coefficient is less than zero.

Explanation:

Because the question is based on the hypothesis test of the significance of the correlation coefficient to decide whether the linear relationship in the sample data is strong enough to use to model the relationship in the population. If the tests concludes that the correlation coefficient is not significantly different from zero, it means that the correlation coefficient is not significant.

6 0
3 years ago
Which accounts would be affected for the following transaction: "Received an invoice from a supplier for repair services perform
Sophie [7]

Answer:

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5 0
1 year ago
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GenaCL600 [577]

To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.

Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.

An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.

Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.

Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).

Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:

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Read more: brainly.com/question/1790872

3 0
2 years ago
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