Answer:
SungSam Enterprises's operating leverage is 2.0
Explanation:
Operating leverage is a financial efficiency ratio to measure the degree to which a firm or project can increase operating income by increasing revenue.
Operating leverage is calculated by using following formula:
Operating leverage = Contribution margin/Net income
SungSam Enterprises has Contribution margin of $160,000 and Income from operations of $80,000
SungSam Enterprises's operating leverage = $160,000/$80,000 = 2.0
Answer:
Journal entry
Explanation:
The journal entry is as follows
Cash $1,323
Service charge expense ($1,350 × 2%) $27
To Sales Revenue $1,350
(Being the cash is recorded)
for recording this transaction we debited the cash and expenses as it increase both balances while at the same time the sales revenue is also increased so it is credited
Answer:
75,000
Explanation:
300,000-50,000 = 250000*6%*5
Answer: Participation strategy
Explanation: Participation strategy refers to the strategy in which the management tries to make all the individuals in a group to collectively work for the accomplishment of a goal. It refers to associate the workers in an objective to give them a sense of superiority and belongingness towards that goal.
In the given case, Gilbert is trying to make the employees to fell the awareness towards the project by taking their ideas ans suggestions into consideration.
Hence from the above we can conclude that the correct option is E.
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