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Klio2033 [76]
3 years ago
11

Frontier Corp. sells units for $57, has unit variable costs of $29, and fixed costs of $164,000. If Frontier sells 10,000 units,

what is its degree of operating leverage?
Business
1 answer:
jeka943 years ago
6 0

Answer:

2.4

Explanation:

Frontier corporation sells unit for $57

The unit variable cost is $29

Fixed cost is $164,000

Frontier sells 10,000 units

The first step is to calculate the contribution margin

= 57-29×10,000

= 28×10,000

= 280,000

Profit = 280,000-164,000

= 116,000

Degree of operating leverage can be calculated as follows

= 280,000/116,000

= 2.4

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scZoUnD [109]

Answer:

$8,013

Explanation:

The computation of the amount of the depreciation expense is shown below:

The net income is

= An addition to retained earnings + cash dividend paid

= $4,221 + $469

= $4,690

Now the earning before tax

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= ($4,690) ÷(1 - 0.21)

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Now the earning before tax and interest is

= $5,937 + $1,300

= $7,237

So, the depreciation expense is

= $30,600 - $15,350 - $7,237

= $8,013

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3 years ago
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3 years ago
A great feature of QuickBooks Online is that there are other lists you can utilize to make it easier to fill i forms Where would
Juliette [100K]

Answer: A. Go to the Gear icon and select All Lists

Explanation:

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7 0
3 years ago
Intro to Investing Math Quiz
olga nikolaevna [1]

As a result of having increased from a price of $55 to $85, we can say that the stock value increased by<u> 54.55%</u>

The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:

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In percentage terms, this is:

<em>= Increase/ Old price x 100%</em>

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= 54.55%

In conclusion, the stock value increased by 54.55%

<em />

<em>Find out more at brainly.com/question/10273187.</em>

4 0
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kondaur [170]

Answer:

Explanation:

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