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jolli1 [7]
2 years ago
7

Which of the following statements is true of financial leverage

Business
1 answer:
Sidana [21]2 years ago
6 0
Maybe take a picture of it so i can help:)
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LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. A
madam [21]

Answer:

Unitary Contribution margin= $0.6

Explanation:

Giving the following information:

LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. Assuming the production and sales of 750,000 units.

Variable cost= 600,000/2= $300,000

Unitary variable cost= 300,000/750,000= $0.4

Unitary Contribution margin= 1 - 0.4= $0.6

Total contribution margin= $450,000

8 0
3 years ago
The comparative balance sheets for Pina Colada Corp. show these changes in noncash current asset accounts: accounts receivable d
Verdich [7]

Answer:

Cash Flow from Operating Activities

Net Income                                                  $226,500

Decrease in Accounts Receivable             $78,500

Increase in Prepaid Expenses                   -$28,200

Increase in Inventories                               -$41,700

Cash Provided by Operating Activities    $235,100

4 0
2 years ago
You have recently been made aware that your purchasing department is spending five hours to source and purchase components for y
gulaghasi [49]

Answer:

deluxe line

\

Explanation:

7 0
2 years ago
As the executive of a bank or thrift institution you are faced with an intense seasonal demand for loans. Assuming that your loa
solniwko [45]
I believe u should not give put loans at all ,or make the interest rate very low so they 'll have a better chance to pay it off
5 0
2 years ago
Ruis Corporation, a publicly held corporation, has thirty-five members on its board of directors. In order to conduct business e
Oliga [24]

Answer:

illegal

Explanation:

According to my research on the rules or regulations that a corporation must follow, it can be said that based on the information provided within the question what was done is illegal. Based on the Sarbanes-Oxley Act every entity titled as a corporation is required by law to have an audit committee. Since one was not created for the Ruis Corporation it is technically an illegal corporation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
2 years ago
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