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olasank [31]
3 years ago
6

You are in charge of a project that has a degree of operating leverage of 1.24. What will happen to the operating cash flows if

the number of units you sell increase by 3.8 percent? Group of answer choices 4.71 percent increase 4.71 percent decrease 3.06 percent increase 3.06 percent decrease
Business
1 answer:
k0ka [10]3 years ago
5 0

Answer:

4.71 percent increase

Explanation:

The increase in the number of units sold is 3.8%

Degree of operating leverage is 1.24

Therefore, the operating cash flow can be calculated as follows:

Increase in the number of units×degree of operating leverage

= 3.8/100×1.24

= 0.038×1.24

= 0.0471×100

= 4.71%

Hence there is a 4.71 percent increase in the operating cash flow

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konstantin123 [22]
Given:
<span>accounts receivable of $244,000
allowance for uncollectible accounts of $1,350 (credit)

1% of the accounts receivable should be the value of the allowance for uncollectible accounts. 

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2,440 - 1,350 = 1,090

Adjusting entry:
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6 0
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Under the allowance method, bad debts expense is recorded with an adjustment at the end of each accounting period that debits th
Crank

Answer:

Dr. Allowance for Doubtful Accounts...1,200

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snow_lady [41]
Is it a multiple choice question? Anyway, this is the definition of a limited partnership:

<span>A Limited Partnership is a partnership consisting of a general partner, who manages the business and has unlimited personal liability for the debts and obligations of the Limited Partnership, and a limited partner, who has limited liability but cannot participate in management.</span>
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